Who is a Politically Exposed Person?

PEP (Politically exposed person) means a natural person who performs or has performed prominent public functions and with regard to whom related risks remain.

At least the following persons are deemed to be PEPs:

1. Head of State or head of government;
2. Minister, deputy minister or assistant minister;
3. Member of a legislative body;
4. Member of a governing body of a political party;
5. Judge of the highest court of a country;
6. Auditor general or a member of the supervisory board or executive board of a central bank;
7. The Chancellor of Justice;
8. Ambassador, envoy or charge d'affaires;
9. High-ranking officer in the armed forces;
10. Member of an administrative, management or supervisory body of a state-owned enterprise;
11. Director, deputy director and member of a management body of an international organization;
12. Person in list of Lithuania positions whose holders are considered politically exposed persons is established by a regulation of the minister responsible for the field;
13. Person in list of positions, which is established by international organisation accredited in Lithuania;
14. A person who, as per list published by the European Commission, is considered a performer of prominent public functions by a Member State of the European Union, the European Commission or an international organisation accredited on the territory of the European Union is deemed a politically exposed person.
15. Close family member or associate of 1-14 above

Middle ranking or more junior officials are not considered PEP’s