PEPs Refresher (2024)

Identifying Politically Exposed Person (PEP) risk is a critical component of anti-money laundering (AML) compliance for PTC. PEPs are individuals who hold or have held prominent public positions, making them potentially more susceptible to corruption, money laundering, and other financial crimes.

Join this Course

Responsible	Hayden Morgan
Last Update	18/04/2024
Completion Time	6 hours 43 minutes
Members	22

Course

Intermediate

Introduction
- Learning Objectives
PEP Definitions
- Definitions of a PEP
- PEP by Association
- PEP Subcategories
- What determines a PEP
- Classifying and investigating PEP connections
- Which of these would be considered a PEP?
  
  10 xp
- PEPs- Important Takeaways
Regulations
- Regulations Business are Required to Undertake
- FATF Guidance politically exposed persons (recommendations 12 and 22)
  
  Preview
- Handbook - PEP Chapter
  
  Preview
- PEP Thematic
  
  Preview
Managing PEP Risks
- How are PEPs a Risk?
- Defending the Business against PEP Risk
- PEP risk can come from any jurisdiction
  
  Preview
- Defending the business- Important Takeaways
Case Studies
- Mr D, a wealthy Russian Businessman
- Ms A had a Private Wealth Company
Declassification and Final Takeaways
- PEP Timeframe and De-Classification
- Final Key Takeaways
PEP
- Certification Test