Frequently asked questions

What does Politically Exposed Person (PEP) status mean?

Politically Exposed Persons (PEPs) are individuals who currently hold, or have held in the recent past, prominent public positions, such as in the fields of politics, public administration, the judiciary, the armed forces, or senior management of state-owned enterprises. This category may also include their immediate family members, as well as persons with whom close personal or business relationships previously existed.

PEP status means that, in line with the usual requirements of anti-money laundering and counter-terrorist financing legislation, In2Markets Ltd may be required to carry out certain additional standard checks.

For further information on international recommendations relating to PEPs, you may refer to the guidance issued by the Financial Action Task Force (FATF).