PEP Screening

Identifying politically exposed persons among customers and partners, triggering enhanced due diligence on their funds and activity.

PEPs — public officials, their families and close associates — carry elevated corruption risk by definition, so AML frameworks require identifying them and applying enhanced due diligence: senior approval, source-of-wealth scrutiny, closer monitoring.

Gambling specifics

Casinos are classic laundering venues in corruption typologies, so supervisors check PEP handling closely. Screening runs at onboarding and continuously (people become PEPs mid-relationship), on both players and — under KYB — business partners. False-positive management is the operational cost; the compliance cost of a missed PEP with dirty deposits is a headline.