Singapore legislation
Regulation 17
Regulation 17
Definition of “politically‑exposed person”
Subregulation 1
In this Part, “politically‑exposed person” means —
an individual who is or has been entrusted with any prominent public function in Singapore;
an individual who is or has been entrusted with any prominent public function in a country or territory outside Singapore; or
an individual who is or has been entrusted with any prominent public function by an international organisation,and includes —
an individual who is an immediate family member of an individual mentioned in sub‑paragraph (a), (b) or (c); and
an individual who is a close associate of an individual mentioned in sub‑paragraph (a), (b) or (c).
Subregulation 2
The reference to “prominent public function” in paragraph (1)(a) and (b) —
includes the role held by a head of state, head of government, government minister, senior civil or public servant, senior judicial or military official, senior executive of a state‑owned corporation, senior political party official, or member of the legislature; but(b)does not include the role held by middle ranking or more junior officials.
Subregulation 3
The reference to “prominent public function” in paragraph (1)(c) —
includes the role held by a director, deputy director, member of the board, or member of the senior management, of the international organisation; but(b)does not include the role held by middle ranking or more junior officials.
Subregulation 4
In paragraph (1)(e), an individual (A) is a close associate of another individual (B) if —
A is a partner of B;
A is an employee or employer of B;
A is an officer of any corporation of which B is an officer;
A and B are both employees of the same individual;
A is accustomed or under an obligation, whether formal or informal, to act in accordance with the directions, instructions or wishes of B;
B is accustomed or under an obligation, whether formal or informal, to act in accordance with the directions, instructions or wishes of A; or
A is a person with whom B has an agreement or arrangement, whether oral or in writing and whether express or implied, to act together to engage the services of a registered corporate service provider.