Business Pitch Dictionary by pitch.dog
Regulatory, ethics & conduct compliance · Working

Politically exposed person

Also called: PEP

ELI5

A person whose prominent public role may create heightened corruption or money-laundering risk under applicable rules.

Used in conversation

“Can we make politically exposed person accountable for one clear decision?”

Pitch context

You will see “Politically exposed person” in board papers, contracts, policies, risk registers and compliance reports when the discussion reaches regulatory, ethics & conduct compliance.

Why it matters: In regulatory, ethics & conduct compliance, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 3

Direct term-level sources and supporting source families.