Politically exposed person (PEP) shall mean politically exposed natural persons who are or have been entrusted with Prominent Public Functions, as well as their Close Family Members or Close Associates. Prominent Public Functions shall mean the following functions in the Republic of Lithuania, European Union, international or foreign state companies:
(A) the Head of the State, the Head of the Government, a minister, a vice minister or a deputy minister, the State Secretary, the Chancellor of the Parliament or the Government or a ministry;
(B) a member of the Parliament;
(C) a member on the Supreme Courts, the Constitutional Courts or any other supreme judicial authorities whose decisions are not subject to appeal;
(D) the mayor of a municipality, the head of a municipal administration;
(E) a member of the management body of the supreme national audit and control body or the chairman, deputy chairman, or member of the board of a central bank;
(F) an ambassador, a chargé d’affaires ad interim, Chief Commander of the Lithuanian Armed Forces, commanders of army forces and units, special envoy and authorized minister or a high-ranking officer of the armed forces;
(G) a member of a managing or supervisory body of a state-owned entity, public limited liability Company, private limited liability Company where the state owns shares or proportion of shares entitling to more than ½ of all votes at a general meeting of shareholders of said entities or companies;
(H) a member of a managing or supervisory body of a municipal entity, public limited liability Company, private limited liability Company where the municipality owns shares or proportion of shares entitling to more than ½ of all votes at a general meeting of shareholders of said entities or companies and which are considered as large companies under the Law on Financial Statements of Undertakings of the Republic of Lithuania;
(I) the head or deputy head or member of a managing or supervisory body of an international intergovernmental organization;
(J) the head, deputy head, or member of a managing body of a political party.
Close Associate:
(A) a natural person who, together with a person who performs or has performed a Prominent Public Functions, is the participant of the same legal entity or the organization without the status of legal entity or maintains other business relations;
(B) a natural person who is the only Beneficial Owner of legal entity or an organization without the status of legal entity that is established or operating de facto with a view to receive economic gain or other personal benefits for a person who performs or performed a Prominent Public Functions.
Close Family Members shall mean a spouse, a person with whom partnership has been registered, parents, siblings, children and children’s spouses, persons with whom children have registered partnership.