How Frequently is PEP Data Updated?

PEP profiles are updated on both a periodic and ad-hoc basis.

Periodic review - according to the length of the term of the relevant position (if a term is undefined the default period is 5 years) + additional checks every 12 months. Election calendars for the specific position are also taken into account in this regard.

Ad-hoc review - prompted by specific events that come up during media monitoring, such as “snap” elections and re-shuffles (retirement, resignation, re-appointment, etc.).