Finnish law requires banks to know their customers, which includes finding out whether they are a Politically Exposed Person (PEP) or a family member or a close business associate of a PEP. A PEP is a person who during the past year has held or is currently holding a public position, such as: a head of state a minister a member of parliament a member of a supreme court a member of a supreme decision-making body auditing government finances  a member of the board of a central bank an ambassador or attaché an officer of a body of generals an executive of a government-owned company. The immediate family members of a PEP are:
a spouse children and their spouses parents.