A “politically exposed person” means a person who is:

1. an individual who is or has been entrusted with a prominent public function in a country or territory or by an international organisation, for example: heads of state, heads of government, senior politicians, senior government, judicial or military officials, senior executives of state owned corporations, important political party officials;
2. an immediate family member of a person mentioned in sub-paragraph (1), including any of the following: a spouse, a partner, that is someone considered by his or her national law as equivalent or broadly equivalent to a spouse, children and their spouses or partners as defined in clause (ii), parents, grandparents and grandchildren, siblings;
3. a close associate of a person mentioned in sub-paragraph 1., including any person who is known to maintain a close business relationship with such a person, including a person who is in a position to conduct substantial financial transactions on his or her behalf.