A Politically Exposed Person (PEP) is an individual who holds or has held a prominent public position, which may pose higher financial risks.
PEPs must complete Enhanced Customer Due Diligence (ECDD) process This process is designed to assess and mitigate additional risks associated with their status.
What is a PEP, and are there special requirements for PEPs?
Articles in this section
- What is KYC, and why is it required?
- What are the KYC documents required for Individual account?
- How to Sign Up for a Corporate Account?
- What documents should I provide to open a Corporate account?
- How long does it take for my account to be verified?
- Can international users outside Malaysia open an account with Sinegy?
- What is Enhanced Due Diligence (ECDD)?
- What is a PEP, and are there special requirements for PEPs?
- Are there special requirements for users from high-risk jurisdictions?
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