By STEPHEN RAE for AML Intelligence SIBLINGS of Politically Exposed Persons (PEPs) are to become PEPs in themselves in the EU after pressure from the Portuguese government, it’s been learned. The initiative was one of the surprises of Europe’s new AML package agreed by the European Parliament and national governments last month. It will place…
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NEWS: How and why siblings of PEPs will become PEPs in the EU; PLUS: more check powers for BO registries

BRUSSELS: The interviews were conducted by a blend of the ECON and LIBE committees of the European Parliament. FILE PHOTO: MEPs decide on the seat of AMLA last year.