Integral to its mission to aid public and private sector efforts to combat global corruption and money laundering, RDC’s Politically Exposed Persons intelligence, “PEP Connect” is unmatched in the crowded compliance services marketplace. We are proud to offer clients PEP solutions that meet the exacting and high standards demanded by the same leading financial institutions that created RDC from the ground up.
We continually augment our PEP intelligence to ensure comprehensive global coverage that meets the letter and spirit of prevailing PEP regulations worldwide. RDC has an extensive database of PEP records with a more in-depth review on higher risk jurisdictions going back as far as 10 years, covering over 240 countries. PEP Connect accounts for every global regulatory requirement and provide clients with even more robust intelligence on senior officeholders and their relatives and close associates.
The PEP list screening from RDC ensures that financial institutions and other regulated organizations concerned with PEPs can fully comply with AML/KYC regulatory requirements by knowing which client accounts require additional scrutiny.
Customers can access the PEP Connect solution to check the identity of a customer or entity against known names and aliases, date of birth, place of birth, location, and previous positions. RDC data on PEPs is updated daily by a team of global researchers. The RDC database draws from publicly-available information culled from continuously updated global media and other carefully selected open source academic, think tank, and area specialist resources.
The methodology underpinning RDC’s continuously expanding collection of PEP records is overseen by a collaborative group of domain experts who combine deep regional knowledge of global politics with in-the-trenches experience with PEP list screening in financial institutions. Our PEP intelligence covers every category of PEP, and meets and exceeds region-specific and regulatory requirements and definitions including the USA PATRIOT Act Section 312, the Financial Action Task Force (FATF) recommendations, and the EU Third AML Directive.