What is a Politically Exposed Person (PEP)?

Written By Christopher Ostrowski (Administrator)

Updated at March 17th, 2023

A politically exposed person (PEP) is someone who has a high-profile political role or has been entrusted with a prominent public function. Because of their position, they are more likely to be involved in money laundering and/or terrorist financing.  This person may not always serve in a political role but may serve in a role that actively works with government individuals.