The EFCC has intensified scrutiny of politically exposed persons suspected of falsely declaring assets to evade investigation ...

Many financial institutions rely on multiple, disconnected technology platforms to manage KYC activities, from data ...

SDT also orders solicitor pay £50,000 costs and imposes practice restrictions following unintentional failings.

OK, here's a great thing. Under current banking regulations, after all the reforms of the last 20 years, there's now a category called a "politically exposed person," PEP.

A Politically Exposed Person is defined by the Financial Action Task Force as an individual who is or has been entrusted with a prominent public function. Due to their position and influence, it is ...

The review of rules on politically exposed persons, or PEPs, is part of a wider look at "debanking", a hot topic since private bank Coutts closed the accounts of Nigel Farage, who now leads the ...

Paytm Payments Bank’s failure to heed to the Reserve Bank of India’s (RBI) warnings for improving the gaps in its internal risk management, especially in flagging transactions involving ...

UK regulator calls on firms to improve treatment of politically exposed persons By Reuters July 18, 20242:32 AM PDTUpdated July 18, 2024 ...

Under the leadership of Vicente, or as one would call it, “Politically Exposed Person” (PEP), Sonangol gained an unusual degree of autonomy. In the world of financial regulation, PEP is a term ...

The court approved the defence's request to ban the publication of the accused man’s name on the basis that he is a politically exposed person, and the incident could have a serious impact on ...