Glossary

Politically Exposed Persons (PEP)

Politically Exposed Persons: Individuals, or their relatives, who are prominent public functionaries.

Related Terms

  • BIS Denied Person list

    The Bureau of Industry and Security (BIS) of the U.S. Department of Commerce is responsible for the regulation of exports for national security, foreign policy, and nonproliferation reasons, as well as the enforcement of those...

    Learn more

  • International Bank Account Number (IBAN)

    The International Bank Account Number (IBAN) is an international standard for identifying bank accounts across national borders in a way that would minimise the risk of propagating transcription errors.

    Learn more

Ready to start reducing your returns and ensure compliance?