Costa Rica and its definition of PEP.

Costa Rica and it’s definition of PEP. Photo by Zdeněk Macháček.

Politically exposed persons (PEPs) are a group of individuals subject to heightened scrutiny under anti-money laundering measures. Over time, and thanks to collaboration among various governmental bodies, including the FATF, countries have strengthened their regulatory frameworks concerning these individuals. In this article, we will analyze how Costa Rica defines and regulates politically exposed persons (PEPs).

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