SFPF meaning in Governmental ?

In financial regulation, a politically exposed person (PEP) is one who has been entrusted with a prominent public function. A PEP generally presents a higher risk for potential involvement in bribery and corruption by virtue of their position and the influence that they may hold. The terms "politically exposed person" and senior foreign political figure are often used interchangeably, particularly in international forums. Foreign official is a term for individuals deemed government persons under the Foreign Corrupt Practices Act, or FCPA, and although definitions are similar to PEP, there are quite a few differences, and they should not be used interchangeably. The term "PEP" is typically used to refer to customers in the financial services industry, while "foreign official" refers to the risks of third-party relationships in all industries.