![]() ![]() ![]() ![]() A “politically exposed person” or “PEP” is an individual that holds a prominent public position or function.The term “politically exposed person”, sometimes used interchangeably with “Senior Foreign Political Figure”, emerged in the late 1990s in the wake of the Abacha Affair: a money-laundering scandal in Nigeria which galvanized global efforts to prevent abuse of the financial system by political figures.The definition of a PEP can change, the criteria could vary from country to country or even company to company. This is in reference to someone who is a prominent public figure and carries out a function in which they are trusted by the public. Generally, a PEP is a “politically exposed person”.The tool allows you to profile the customer and relies on authentic news & other media sources to identify popular as well as lesser known PEPs, Fraudsters, Financial Criminals. KYCsphere's Politically Exposed Person, Terrorism Financing, Fraudsters, Financial Criminals Search tool goes beyond where Sanction/Watch/PEP lists left off.Politically exposed person The PEP database contains the most comprehensive list of Politically Exposed Persons (PEPs) from more than 240 territories of the world, as well as from international organizations and political and diplomatic representations with around 1 million relevant PEPs.
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