The UK Money Laundering Regulations 2007 define a politically exposed person (PEP) as someone who is, or has at any time in the preceding year been, entrusted with a prominent public function by a state other than the UK, a (European) community institution or an international body -- or a family member or known close associate of such a person. Clients of your business who are PEPs must always be subject to enhanced due diligence. Businesses are required to have risk-sensitive measures in place to spot such individuals. Schedule 2 paragraph 4(1)(a) of the MLR gives details of what are considered to be prominent public functions. For risk management reasons, businesses should still treat individuals who have held such positions more than a year ago as PEPs.