The 2024 Elections – The Impact On PEP Screening And Financial Crime Prevention
The surge in PEPs underscores the need for robust compliance strategies like PEP Screening, particularly in anti-money laundering (AML) and...
4 November 2024
Classification And Risks Associated With Politically Exposed Persons (PEPs)
PEPs are classified as people occupying positions of influence in the public domain. This puts them at more significant risk...
29 October 2024
FATF Urges India To Tighten Scrutiny On Bank Accounts Of Politicians And Government Officials
The Financial Action Task Force (FATF), a global watchdog for anti-money laundering (AML) and counter-terrorism financing (CTF) standards, has recently...
14 August 2024
Which PEP Definition To Follow: Global Or Local?
PEP Definition changes regionally whether it is nationally or internationally. Many organizations often confuse the standards to be followed. This...
10 June 2024
8,000+ New PEPs from India’s General Election Enhance AML and Sanctions Screening
India's recent general election has significantly reshaped the landscape of anti-money laundering (AML) and sanctions screening. With the inclusion of...
16 May 2024
PEP Screening: Best Practices
Screening politically exposed persons (PEPs) is a critical component of compliance. Financial institutions use PEP screening as an essential tool...
6 February 2024
What Are PEPs? Definitions, Requirements, And Types
In today's world of compliance, the term "PEP" carries huge significance for various financial institutions. Identifying PEP, short for Politically...
12 January 2024