People holding high public offices are considered "politically exposed persons", or PEPs.
PEP status also extends to relatives and close associates such as - a spouse, partner, children, and their spouses, partners or parents. Politically exposed persons (PEPs) hold positions of power and influence that can be abused to commit money laundering and related predicate offences. These offences include corruption, bribery, and terrorist financing. We are legally obliged to establish whether you, as a customer, might have any political connection. If we establish that you are a PEP, we will ask you to do the source of funds check. This is standard practice and shouldn't worry you.