Birdwatch Note Rating
2023-11-03 17:26:19 UTC - HELPFUL
Rated by Participant: F7482E2D9F326AE51E16299D606748629469F0CE06CB572937201FBA6D35CC34
Participant Details
Original Note:
Politically Exposed Persons (PEPs) are individuals who are senior state, judicial, military or similar officials or relatives. Being banned from banking involve other factors than PEP, such as concerns that the institution has identified during their due diligence processes. https://www.lawsociety.org.uk/topics/anti-money-laundering/customer-due-diligence https://www.legislation.gov.uk/uksi/2017/692/regulation/33/made
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