A politically exposed persons check (PEP check) sits among the most consequential controls in any AML compliance programme. Done well, it surfaces elevated risk before it becomes an institution's problem. According to RelyComply, done poorly - or treated as a one-off box-ticking exercise - it opens the door to regulatory censure, reputational harm and even [...] The post PEP screening pitfalls that expose FinTech compliance teams appeared first on VCNews.co.