Who is a PEP?

Politically Exposed Person (PEP) is a natural person, who presently occupy or in the recent 12 months have held an  important public position in any state and/or international or foreign state institutions and his/her close family members (the spouse, parents, brother, sisters, children, Children's spouses and Children's cohabitants) or his/her close associates.

The list of people who should be treated as PEPs comprises:

• Heads of State, Heads of Government, Ministers and Deputy or Assistant Ministers.
• Members of Parliament or of similar Legislative bodies
• Members of Governing bodies of Political Parties
• Members of Supreme Courts, of Constitutional Courts or of any Judicial Body of Decisions of which are not subject to further appeal except in exceptional circumstances.
• Members of Courts of Auditors or of Boards of Central Banks
• Ambassadors, Charges D'affaires and high-ranking officers in the armed forces
• Members of the Administrative, Management of Supervisory bodies of State-owned Enterprises
• Directors, deputy Directors and Members of the Board or equivalent function of an international organisation.