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# Recital 98

*In force · Regulation (EU) 2024/1624, OJ L, 2024/1624, 19.6.2024 · Checked against EUR-Lex on 26 Oct 2026 · [Official source](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32024R1624)*

The requirements relating to politically exposed persons, their family members and persons known to be close associates are of a preventive and not criminal nature, and should not be interpreted as implying that politically exposed persons, their family members or close associates are involved in criminal activity. Refusing a business relationship with a person simply on the basis of a determination that they are a politically exposed person or a family member or a person known to be a close associate of a politically exposed person is contrary to the letter and spirit of this Regulation.