SOE AND PEP CLASSIFICATION – Managing and avoiding regulatory, reputational and financial risk is a significant challenge for institutions around the world. Best practice compliance requires close scrutiny of customers, counterparties and partners, especially where these have a connection to some kind of political office. Politically Exposed Persons (PEPs) need to be subjected to a […]

PEP Sub-Classification – useful guidance from World-Check – PEPs pose different levels of risk to your organisation and require specific treatment and monitoring based on their status.  Identifying the classification level of a PEP before screening takes place, amidst constant changes and updates, presents a particular challenge for organisations. In order to assist organisations to […]

PEP Sub-Classification – useful guidance from World-Check – PEPs pose different levels of risk to your organisation and require specific treatment and monitoring based on their status.  Identifying the classification level of a PEP before screening takes place, amidst constant changes and updates, presents a particular challenge for organisations. In order to assist organisations to […]

1st October 2007 – Investigators say many contracts were fictitious – Arms dealer used Channel Island tax havens – The Serious Fraud Office has begun a new investigation into British links with one of the biggest corruption inquiries in Africa. UK firms won huge contracts from the Kenyan governments of presidents Daniel arap Moi and Mwai […]