Regulations Governing Anti-Money Laundering and Counter-Terrorism Financing for Notaries Article 13

In conducting due diligence on the applicant, a notary shall query the applicant or cause the applicant to fill out a statement, and shall use external database or reliable information source to determine whether the applicant or its beneficial owner or senior managerial officer is a person who is or has been entrusted with a prominent political function by a domestic government, a foreign government or an international organization [hereinafter referred to as a politically exposed person (PEP)]:1. If the applicant or its beneficial owner is a current PEP of a domestic or foreign government, a notary shall directly treat the applicant as high risk, and adopt the enhanced due diligence (EDD) measures under each item of the second subparagraph of Article 17. 2. The requirements under the preceding subparagraph also apply to family members and close associates of a PEP. The scope of family members and close associates shall be determined in the manner stipulated in the last half of the fourth paragraph of Article 7 of the Act.The requirements under the preceding paragraph do not apply if the beneficial owner or senior managerial officer of the applicant under the first to the fourth subparagraphs of the third paragraph of Article 10 is a PEP.