politically exposed sanctions list

dazman189

i applied for credit today and they said that this was on my credit rating, any idea what this means please

fermi

Seems you have ended up on one of these lists for some reason?

http://www.experian.co.uk/background-checking/sanctions-file-check.html

fermi

Tweeted James Jones and Experian Experts, and hopefully they will get back with some more info on exactly what that means and what can be done if it shouldn't - I presume - be there.

nidO

Are you, or are any of your relatives or close associates, any of the following?

A foreign person who has held any time in the preceding year a prominent public function outside the United Kingdom, in a state or international institution
Members of courts of auditors or of the boards of central banks
Ambassadors, charges d’affaires and high-ranking officers in the armed forces
Members of the administrative, management or supervisory bodies of state-owned enterprises
Heads of state, heads of government, ministers and deputy or assistant ministers
Members of parliaments
Members of supreme courts, constitutional courts or of other high-level judicial bodies

kingstreet

We have to perform a Treasury Financial Sanctions check on any client whenever we transact business with them.

https://www.gov.uk/government/publications/financial-sanctions-consolidated-list-of-targets

We do our own. It appears Experian offers the service to others.

antrobus

kingstreet wrote: »

We have to perform a Treasury Financial Sanctions check on any client whenever we transact business with them.

https://www.gov.uk/government/publications/financial-sanctions-consolidated-list-of-targets

We do our own. It appears Experian offers the service to others.

I think that is something different; it's a list of individuals subject to Financial Sanctions that you can't do business with.

As far as I'm aware, a politically exposed person, is a prominent public official of some kind. You can do business with them; but you are supposed to keep your eyes open when you do so, just in case they start laundering back-handers through your business.

PaulW922

The power needs to sort this out directly with Experian and Equifax. It may be a mistake owing to 'similar names' etc but the poster may have connections that they have not, and may not want to mention here.

A PEP is someone who is potentially vulnerable - it is quite acceptable to do business with them but the lender/provider must ensure that all proper due diligence is undertaken and that is what the CRA marker is for - it is to assist the potential lender.

Experian_company_representative

Hi dazman189

dazman189 wrote: »

i applied for credit today and they said that this was on my credit rating, any idea what this means please

I would really like to help you with this one dazman189 to establish why this happened when you applied for your Experian Credit Report.

Could you please [EMAIL="uksocialsupport@experian.com"]email me[/EMAIL] your details (name/dob/address) this will help determine if the reason relates to a employment (background) check than credit check.

Regards
James Jarvis