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Makes available the latest paragraphs for you to consider including in your CQS CPMS Policy.
text for CQS CPMS Policy:
CQS Policy: Politically Exposed Persons (PEPs)
Change Date : 22/02/2024 | Word Count: 78 | Deployment Measure : 7/10
Rationale:
Draft wording in light of the recent amendment to the regulations relating to Politically exposed persons taking effect as of 10th January 2024. The firm's policy should make it clear overseas PEPs are subject to a higher standard of EDD.
As a result of the amendment to the money laundering regulations in January 2024, domestic
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