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Anti-Money Laundering

What is a Politically Exposed Person and why does it matter?

A Politically Exposed Person (PEP) is an individual who is, or has been, in a role of prominent public function and responsibility.

PEPs are regarded as higher-risk investors as they are deemed to have a greater opportunity to acquire assets through unlawful means.  Relatives or persons with close associations to a PEP may also be considered a PEP for the purposes of Anti-Money Laundering checks.

If you are classified as a PEP, you may be required to provide additional information on your identity and source of funds before making your investment. 


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