Politically Exposed Persons: Preventive Measures for the Banking Sector

by Larissa Gray, Michael Latham, Delphine Schantz, et al.

In recent years, revelations of grand corruption and the plunder of state assets have led to greater scrutiny of financial relationships with politically exposed persons (PEPs)--senior government officials and their family members and close associates. Notwithstanding the efforts by many financial institutions and regulatory authorities to prevent corrupt PEPs from entering and using the financial system to launder the proceeds of corruption, there...

• Format: Paperback
• Language: English
• ISBN: 0821382497
• ISBN13: 9780821382493
• Release Date: April 2010
• Publisher: World Bank Publications
• Length: 122 Pages
• Weight: 0.50 lbs.
• Dimensions: 0.3" x 7.0" x 10.0"