• Entry
  • Reader's guide
  • Entries A-Z
  • Subject index

Politically Exposed Persons

Politically exposed persons (PEPs), sometimes referred to as senior foreign political figures, are considered to be past or present high-ranking or senior-level individuals in the executive, legislative, administrative, military, and judicial branches of a foreign government who are currently or formerly entrusted with high-level public duties and responsibilities. Such persons may be heads of state, senior politicians, heads of political parties, high-level government officials, senior judicial officials, military officials, senior executives of state-owned or state-affiliated enterprises and corporations, and members of their family and close business associates. Politically exposed persons, by virtue of their official title, the position of their office, prominence, sphere of influence, and access to funds and finances, may be considered high-risk to themselves, their affiliate organizations, their government, and the ...

    • Loading...
    locked icon

    Sign in to access this content

    Get a 30 day FREE TRIAL

    • Watch videos from a variety of sources bringing classroom topics to life
    • Read modern, diverse business cases
    • Explore hundreds of books and reference titles