Politically Exposed Persons (PEPs)
A PEP is defined by the FATF as “an individual who is or has been entrusted with a prominent public function.” The FATF
recognizes that, due to their status and influence, many PEPs are in positions that can be platforms for committing money
laundering and related predicate offences. These include corrupt practices and bribery, as well as conducting activity related to
the financing of terrorism.
The following examples of domestic PEPS are included in the above definition:*
Head of State – the President of the Republic of Trinidad and Tobago
Head of Government – the Prime Minister
Senior Members of the Legislature e.g. The Speaker of the House and the President of the Senate
Senior Politicians e.g. all Members of Parliament, Government Ministers, Mayors ,, Leader of the Opposition,
Chairman and Chief Secretaries of the Tobago House of Assembly, Parliamentary Secretaries
Senior Government Officials e.g. Permanent Secretaries, Chief Technical Officers, an Ambassador or High
Commissioner, Assistant Commissioner of Police or higher rank
Judicial Officials e.g. Magistrates, Judges of the Supreme Court, Judges of the Industrial Court, Judges of the
Caribbean Court of Justice.
Military Officials – a Lieutenant Colonel or higher rank
Senior executives of State owned corporations e.g. Members of the Boards of all Statutory Bodies and State
Enterprises including those bodies in which the State has a controlling interest
Senior political party officials e.g. Chairman, Political Leader and Deputy Political Leader of a political party.
* NOTE: these examples are NOT exhaustive.