Under a risk based approach is a PEP risk manageable If a customer discloses during the KYC, or Know Your Customer process?

Under a risk based approach is a PEP risk manageable If a customer discloses during the KYC, or Know Your Customer process?
A . No, PEPS are do not fit within the risk tolerance of an organization.
B. No, PEPs do not need to disclose their status, it is up to the financial institution to find that information out and determine the risk.
C. Yes, He or she is the spouse of a government official, closely related to the government official
D. Yes, PEPS need bank accounts and access to financial investment products like everyone else.

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Answer: C