Before revision: In February 2012, the FATF's latest definition of PEPs, revised from 2003, is as follows: Foreign PEPs: Individuals who are or have been entrusted with prominent public functions by a foreign country, for example heads of state or heads of government, senior politicians, senior government, judicial or military officials, senior executives of state owned corporations, important political party officials.
After revision: Since February 2012, the FATF's latest definition of PEPs, revhas beened from 2003, is as follows: Foreign PEPs: Individuals who are or have been entrusted with prominent public functions by a foreign country, for example heads of state or heads of government, senior politicians, senior government, judicial or military officials, senior executives of state owned corporations, important political party officials.