Protect your business
Politically Exposed Persons Greenberg, Gray, Schantz, Gardner, Latham In recent years, revelations of grand corruption and the plunder of state assets have led to greater scrutiny of fi nancial relationships with politically exposed persons (PEPs)—senior government offi cials and their family members and close associates. In basic terms, a Politically Exposed Person is someone who, through their prominent position or influence, is more susceptible to being involved in bribery or corruption. In addition, any close business associate or family member of such a person will also be deemed as being a risk, and therefore could also be added to the PEP list.
On-going monitoring is critical for your compliance and should be undertaken to protect your business from money laundering and other financial crimes under 5MLD.
Our global database of sanctioned individuals and entities, along with Politically Exposed Persons (PEPs) and their Relatives and Close Associates (RCAs) is updated on a daily basis to keep you up-to-date with the most recent changes in PEP/RCA profiles and sanction lists. Politically Exposed Persons (PEPs) are individuals who are or have been entrusted with prominent public functions in a foreign or domestic country; for example, Heads of State or of government, senior politicians, senior government, judicial or military officials, senior executives of state-owned corporations, or important political party. Public position in the Philippines, is considered as politically exposed person (PEP), as defined in the AMLA, to wit: “Politically Exposed Person” (PEP) refers to an individual who is or has been entrusted with prominent public position in (a) the Philippines with substantial authority over policy, operations.
We will monitor your clients daily and alert you immediately of any changes to a clients circumstance or status, helping to ensure ongoing compliance with the latest AML regulation. It’s a crucial component of ongoing compliance to ensure your business is protected against your firm being used for money laundering and other financial crimes.
International sanctions
Save time and allocate your resources more effectively by deploying our single API solution to provide your on-going PEPs and Sanctions monitoring.
Using our extensive international sanctions and watch lists you can automate your compliance to meet the 5th and 6th Money Laundering Directive. With at least a 35% yearly increase in the PEPs register alone, it is important to screen new and existing clients constantly to remain compliant. Operate in the knowledge that your business is employing robust due diligence measures, so you are able to make an informed and confident decision on who you do business with.
Highly configurable
Politically Exposed Persons List Download
Having access to our single API solution will provide you with a highly configurable and scalable solution to deliver automated monitoring.
By monitoring more data sources and managing risk profiles with automation your business can reduce the amount of false positives and human error. Every change to an entity is clearly categorised by 4 risk stages (from High Risk through to Low Risk), age, and type so you can choose exactly the type of information you want to be notified of.
Politically Exposed Persons List Providers
Clients we have worked with
We work with our clients to digitally transform their onboarding, monitoring and compliance processes.