What is the UK definition of a PEP?

Politically exposed foreign person or PEP (UK)   The UK definition of a PEP, as found in the UK Money Laundering Regulations 2007 are as follows: (Note: the Joint Money Laundering Steering Group use this when issuing their Guidance Notes.) Section 14(5) paragraph (4), defines a PEP as “a politically exposed […] Continue Reading »