*This process is only applicable to New Zealand clients

Step 1.

From the Run Checks tab click on the PEPCheck tile.

Step 2.

You have the option to select up to 10 customers to verify their PEP status (the default is 1). You then have an optional reference field that can be used to tag a customer or group of customers. Your PEPCheck reference can be used to search for a previously run PEPCheck check via the Check History search field. You also have an optional notes field that can be used for general information relating to the transaction.

Step 3.

PEPCheck enables you to verify your customer's PEP status in real-time. The mandatory fields are your customer's first name, last name, and date of birth (customer consent is not required).

Once you enter your customer's first name, last name, date of birth, and click Run Check, the PEPCheck will be run in under 10 seconds and you will be presented with the results and a download button.

Step 4. Once a PEPCheck has been completed you will instantly receive an email notification.

A completed PEPCheck result will be either a PASS or POTENTIAL MATCH. The criteria for a PASS will confirm that your customer's first name and last name do not match any known individuals that are a PEP, RCA, or SIP. This is determined by checking your customer's name and date of birth in over 200 countries against over 30 global watchlists. When your customer's PEPCheck result is a PASS no further action is required. A POTENTIAL MATCH will occur if your customer's first name and last name (or even a similar first name and last name with or without their date of birth) are matched to a known PEP, RCA, or SIP.

The POTENTIAL MATCH PDF reports display the number of PEP Potential Match hits, with a maximum of six data points for each hit. These are:

As previously mentioned if your customer's PEPCheck status is a PASS no further action is required. However, here are five points to determine if a POTENTIAL MATCH is a false positive PEP match and not a true PEP match.

If one or more of the five points above applies to your POTENTIAL MATCH, it is most likely not a true PEP match.

Here are six example PEPCheck PDF reports and guides on how to deal with them.

How to deal with Example 1?

As the PEPCheck result is a PASS no further action is required.

How to deal with Example 2?

Your customer's first name, last name, and date of birth matches at least one of the POTENTIAL MATCH PEP hits. However, the country the POTENTIAL MATCH PEP hit is in is New Zealand. New Zealand legislation currently limits this concept to foreign PEPs and does not include domestic PEPs, i.e., persons who hold or have held public offices in New Zealand. Therefore, if you are a reporting entity based in New Zealand, your customer is not a true PEP match. However, if you are a reporting entity based outside New Zealand, it is likely your customer is a true PEP match.

How to deal with Example 3?

Your customer's first name, last name, and date of birth matches at least one of the POTENTIAL MATCH PEP hits. Therefore, your customer is likely a true PEP match.

How to deal with Example 4?

Your customer's first name and last name matches at least one of the POTENTIAL MATCH PEP hits. However, your customer's date of birth does not match any of the POTENTIAL MATCH PEP hits. You also compare the photo of your customer provided in the FaceMatch report to the Images & Links https://upload.wikimedia.org/wikipedia/commons/a/a7/Scott_Morrison_2014_crop.jpg and scottmorrisonmp.com.au and determine they are not the same individual. Therefore, your customer is not a true PEP match. We recommend you locate this PEPCheck via the check history, Approve the PEP, and add notes on how you determined your customer was not a true PEP match.

Your Check History notes will then be updated on your PEPCheck PDF report.

How to deal with Example 5?

Your customer's first name, last name, and date of birth matches at least one of the POTENTIAL MATCH PEP hits. As the son of former United States President Donald Trump, Donald Trump Jnr. is an RCA (relative or close associate). Therefore, your customer is likely a true PEP match.

How to deal with Example 6?

Your customer's first name, last name, and date of birth matches at least one of the POTENTIAL MATCH PEP hits. Therefore, your customer is likely a true PEP match.

What action is required if my customer is a true PEP match?
Additional measures need to be applied. In most jurisdictions, you will be required to conduct enhanced customer due diligence on your customer.

Which countries are covered by a PEPCheck?

Abkhazia, Afghanistan, Åland, Albania, Alderney, Algeria, American Samoa, Andorra, Angola, Anguilla, Antigua and, Barbuda, Argentina, Armenia, Artsakh, Aruba, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Brazil, British Virgin Islands, Brunei, Bulgaria, Burkina Faso, Burma, Burundi, Cabo Verde, Cambodia, Cameroon, Canada, Cape Verde, Cayman Islands, Central African Republic, Chad, Chile, China, Colombia, Comoros, Congo, Congo-Brazzaville, Congo-Kinshasa (DRC), Cook Islands, Costa Rica, Cote d'Ivoire, Croatia, Cuba, Curaçao, Cyprus, Czech Republic, Czechia, Democratic Republic of the Congo, Denmark, Djibouti, Dominica, Dominican Republic, East Timor, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Eswatini, Ethiopia, Falkland Islands, Faroe Islands, Federated States of Micronesia, Fiji, Finland, France, French Polynesia, Gabon, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guam, Guatemala, Guernsey, Guinea, Guinea-Bissau, Guyana, Haiti, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Iran, Iraq, Ireland, Isle of Man, Israel, Italy, Ivory Coast, Jamaica, Japan, Jersey, Jordan, Kazakhstan, Kenya, Kingdom of Denmark, Kingdom of the Netherlands, Kiribati, Korea, Kosovo, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Liechtenstein, Lithuania, Luxembourg, Macao, Macedonia, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Mauritania, Mauritius, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montenegro, Montserrat, Morocco, Mozambique, Myanmar, Nagorno-Karabakh, Namibia, Nauru, Nepal, Netherlands, New Caledonia, New Zealand, Nicaragua, Niger, Nigeria, Niue, Norfolk Island, North Korea, Northern Cyprus, Northern Ireland, Northern Mariana Islands, Norway, Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, People's Republic of China, Peru, Philippines, Pitcairn, Poland, Portugal, Puerto Rico, Qatar, Republic of the Congo, Romania, Russia, Rwanda, Sahrawi Arab Democratic Republic, Saint Barthélemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Samoa, San Marino, Sao Tome and Principe, Sark, Saudi Arabia, Scotland, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Sint Maarten, Slovakia, Slovenia, Solomon Islands, Somalia, Somaliland, South Africa, South Korea, South Ossetia, South Sudan, Spain, Sri Lanka, State of Palestine, Sudan, Suriname, Swaziland, Sweden, Switzerland, Syria, Taiwan, Tajikistan, Tanzania, Thailand, The Gambia, Timor-Leste, Togo, Tonga, Transnistria, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, UAE, Uganda, Ukraine, United Arab Emirates, United Kingdom, United States of America, Uruguay, US Virgin Islands, Uzbekistan, Vanuatu, Vatican City, Venezuela, Vietnam, Wales, Wallis and Futuna, Western Sahara, Yemen, Zambia, and Zimbabwe.

Which watchlists are checked in a PEPCheck?

AU - DFAT Consolidated Sanction list, BL - Financial Sanctions List, CA - Consolidated Canadian Autonomous Sanctions List, CA - Freezing Assets of Corrupt Foreign Officials (Tunisia), CA - Freezing Assets of Corrupt Foreign Officials (Ukraine), CA - Public Safety Terrorist Entities List, CA - Regulations Establishing a List of Entities, CH - SECO Sanction List, EU - Financial Sanctions List, EU - Most Wanted Fugitives, Interpol Wanted List, JP - Businesses Not Registered/Licensed By The Financial Services Agency, JP - Non-Existent Japanese Government Agency, MX - Tax Administration Service, NZ - Designated Terrorist Entities (Resolution 1373), NZ - Designated Terrorist Entities (Resolutions 1267/1989/2253 and 1988), SG - Terrorism (Supression of Financing) Act List, UK - HMT Financial Sanctions List, UK - National Crime Agency, UN - United Nations Sanctions List, US - Bureau of Industry and Security List, US - Department of State AECA Debarred List, US - Department of State Nonproliferation Sanctions List, US - Federal Bureau of Investigation (FBI) List, US - OFAC Consolidated Sanctions List, US - OFAC Specially Designated Nationals (SDN) List, World Bank - Ineligible Firms and Individuals List.

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