Last week, the European Union published a valuable document containing a list of senior public functions in EU member states and institutions.
This publication is an important resource for identifying PEPs in the EU. It describes public positions in detail. This is key to PEP work, as understanding who the public person is helps in monitoring transactions and activities that may pose increased risks of money laundering, sanctions evasion and other financial crimes.
Key aspects: detailed lists of public positions in EU member states, information on public positions in EU institutions, explanations of what constitutes a “Public Person” in various contexts.