questionText: To ask the Chancellor of the Exchequer, what information his Department holds on how many people are listed as Politically Exposed Persons.
answerText: The Money Laundering Regulations 2017 require businesses within the regulated sector (such as banks) to treat individuals who are entrusted with prominent public functions as PEPs. The Financial Conduct Authority (FCA) provides guidance to businesses with...
heading: Politically Exposed Persons