Politically Exposed People (PEPs) are classified as high-risk customers with greater opportunities than normal citizens to gain assets through illegal methods such as accepting money laundering and bribes. PEPs need to be identified and screened by banks due to their potential…
Politically Exposed People (PEPs) are classified as high-risk customers with greater opportunities than normal citizens to gain assets through illegal methods such as accepting money laundering and bribes. PEPs need to be identified and screened by banks due to their potential…