Politically Exposed Persons (PEPs) are individuals who are or have been entrusted with prominent public functions, such as government officials, judges, military leaders, and executives of state-owned enterprises. Due to their positions, they are considered to be at a higher risk for potential involvement in bribery, corruption, or money laundering. Financial institutions and other entities that deal with monetary transactions must apply enhanced due diligence measures when dealing with PEPs to mitigate the risks of financial crimes. It is also essential for organizations to have policies in place to identify and manage their relationships with PEPs and their family members or close associates.