A PEP screening record logs a check on a politically exposed person. MLR 2017 reg 35 requires enhanced due diligence for a PEP, their family members, and known close associates. It also asks for senior-management approval and a look at source of wealth and funds. anonym.plus removes the subject's name, identifier, and contacts from a copy on your device.
When this applies
MLR 2017 keeps enhanced measures running for at least 12 months after the person leaves office. FCA guidance FG17/6 warns firms against refusing such a customer outright. The Financial Services and Markets Act 2023 then made a domestic PEP a lower starting risk than an overseas one. A team coaching staff on that balance needs the reasoning, not the person.
How anonym.plus handles it
- Open the result in anonym.plus on your device.
- Local OCR reads a scanned check printout.
- The tool flags the name, identifier, and contacts.
- Keep the role flag and match basis.
- Swap each identifier for a label.
- Save the clean copy locally.
What you need to provide
- The screening result (PDF, DOCX, or scan).
- An operator (Replace keeps the basis readable).
- Optional allow-list for the role category.
PII & financial identifiers detected
| Category | anonym.plus entity type | Example |
|---|---|---|
| Names | PERSON | Rt Hon R. Diaz → [PEP] |
| Identifiers | UK_NINO | QQ 77 81 02 B → [NINO] |
| Financial | IBAN_CODE | GB33 BUKB 2020 → [IBAN] |
| Contact | EMAIL_ADDRESS | rd@example.co.uk → [EMAIL] |
| Dates | DATE_TIME | DOB 1969 → [DOB] |
| Location | LOCATION | Westminster, London → [LOCATION] |
Compliance achieved
- MLR 2017 reg 35 covers a PEP, their family members, and known close associates.
- The same regulation wants senior-management approval and a source-of-wealth check, so that reasoning stays readable.
- MLR 2017 holds enhanced measures for at least 12 months after the person leaves office.
- FCA FG17/6 and the Financial Services and Markets Act 2023 set a domestic office holder at lower starting risk.
- Covers 48 languages for transliterated official names.
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Limitations & cautions
MLR 2017 requires the firm to retain the full screening evidence. Clean only copies for training or external review. A public office holder with a rare role can be identified without a name, so check the residual basis.
Frequently asked questions
May I redact the PEP record I keep for review?
No. Keep the full evidence for reg 35 purposes. Redaction makes a safe copy for training or outside review.
How long does someone stay a PEP?
MLR 2017 keeps enhanced measures in place for at least 12 months after the person leaves office, and longer where the risk stays high.
Are foreign official names handled?
Yes. The tool covers 48 languages, so a transliterated official name is flagged like any subject term.