PEP means currently or was formerly entrusted with a prominent public function in any country. This Includes currently or formally serving. Direct relative or “family members” includes Parent, Child, Spouse, Sibling, In law and in case of step parent- spouse, adopted child, step- child, adopted sibling, step-sibling and in laws. “Close associates” means colleagues, personal advisors, or business partners with a business relationship with a PEP.