To comply with Securities Commission Anti-Money Laundering guidelines, you are required to declare if you are a Politically Exposed Person (PEP). This can be changed at any time in your profile settings (Settings > Profile Details).
A Politically Exposed Person (PEP) is defined as:
- An individual who is or who has been entrusted with prominent public functions domestically or by a foreign country, for example, Head of State or of government, senior politician, senior government, judicial or military official, senior executive of state owned corporation, important political party official; or
- Person who is or has been entrusted with a prominent function by an international organization which refers to a member of senior management, i.e. director, deputy director and member of the board or equivalent functions.
The definition of PEP is not intended to cover middle ranking or more junior individuals in the foregoing categories.
*The meaning of Politically Exposed Person (PEP), as per the GUIDELINES ON PREVENTION OF MONEY LAUNDERING AND TERRORISM FINANCING FOR REPORTING INSTITUTIONS IN THE CAPITAL MARKET SC-GL/AML-2014 (R2-2021), Issued on January 2021 (https://www.sc.com.my/regulation/guidelines/amla)
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