Definition
Pursuant to Article 1, paragraph 2, dd) of Legislative Decree 231/2007, politically exposed persons are: “natural persons who hold, or have ceased to hold, important public offices for less than a year, as well as their family members and those who have well known close connections with the aforesaid parties, as listed below: 1) natural persons who hold or have held important public offices such as: 1.1 in Italy, president of the republic, prime minister, minister, deputy minister and undersecretary, chair of a regional council, regional councillor, mayor of a city designated as the main city of a province or metropolitan city, mayor of a town with a population of at least 15,000 inhabitants; similar offices abroad; 1.2 in Italy, deputy, senator, member of the European parliament, regional councillor; similar positions abroad; 1.3 member of central governing bodies of political parties; 1.4 in Italy, constitutional court judge, magistrate of the Court of Cassation or of the Court of Audit, state councillor, and other members of the Council of Administrative Justice for the Sicilian Region; similar offices abroad; 1.5 member of the governing bodies of central banks and independent authorities; 1.6 in Italy, ambassador, chargé d’affaires, senior officer in the armed forces; similar positions abroad; 1.7 In Italy, member of the governing, management, or supervisory bodies of companies controlled (directly or indirectly) by the Italian State or by a foreign State or whose equity is held, mainly or wholly, by regional councils, the councils of cities designated as the main city of a province and metropolitan cities, the councils of tows with a population of at least 15,000 inhabitants; 1.8 director general of a local branch of the Italian health service or a hospital, university hospital, or other national health service entities. 1.9 director, deputy director, or member of the managing body, or persons with equivalent positions in international organisations; 2) family members of the aforesaid politically exposed persons: parents, spouse, or partner (by civil union or de facto cohabitation or similar institutions) of the politically exposed person, children and their spouse or partner (by civil union or de facto cohabitation or similar institutions); 3) parties with whom the aforesaid politically exposed persons have well known close connections, i.e. 3.1. natural persons who, pursuant to this decree, are beneficial owners, jointly with the politically exposed person, of legal entities, trusts, and similar legal institutions or who have close business relationships with the aforesaid politically exposed persons; 3.2 natural persons who hold merely formal universal control of a known entity which is, in fact, established in the interest and for the benefit of a politically exposed person as stated above”.