Glossary of acronyms

AcronymExpansion
AMLAAnti-Money Laundering Authority (EU)
AMLDAnti-Money Laundering Directive (EU)
AMLRAnti-Money Laundering Regulation (EU)
ASICAustralian Securities & Investments Commission
AUSTRACAustralian Transaction Reports and Analysis Centre
BOIBeneficial Ownership Information (US FinCEN)
BSABank Secrecy Act (US)
CASPCrypto-Asset Service Provider (EU)
CDDCustomer Due Diligence
CFSPCommon Foreign and Security Policy (EU)
CTF / CFTCounter-Terrorism Financing / Combating the Financing of Terrorism
CTRCurrency Transaction Report (US)
DFATDepartment of Foreign Affairs and Trade (Australia)
EDDEnhanced Due Diligence
FATFFinancial Action Task Force
FCAFinancial Conduct Authority (UK)
FFIECFederal Financial Institutions Examination Council (US)
FinCENFinancial Crimes Enforcement Network (US Treasury)
FIUFinancial Intelligence Unit
IFTIInternational Funds Transfer Instruction (Australia)
KYBKnow Your Business
KYCKnow Your Customer
MiCAMarkets in Crypto-Assets Regulation (EU)
MLRMoney Laundering Regulations (UK)
MLROMoney Laundering Reporting Officer (UK)
MSBMoney Services Business (US)
NCANational Crime Agency (UK)
OFACOffice of Foreign Assets Control (US Treasury)
OFSIOffice of Financial Sanctions Implementation (UK Treasury)
PEPPolitically Exposed Person
POCAProceeds of Crime Act 2002 (UK)
PSCPeople with Significant Control (UK)
RBARisk-Based Approach
RCARelative or Close Associate (of a PEP)
SAMLASanctions and Anti-Money Laundering Act 2018 (UK)
SARSuspicious Activity Report (US, UK)
SDDSimplified Due Diligence
SDNSpecially Designated National (US OFAC)
SECOState Secretariat for Economic Affairs (Switzerland)
SMRSuspicious Matter Report (Australia)
SSISectoral Sanctions Identifications (US OFAC)
STRSuspicious Transaction Report
TFRTransfer of Funds Regulation (EU)
TTRThreshold Transaction Report (Australia)
UBOUltimate Beneficial Owner
UNSCUnited Nations Security Council
VASPVirtual Asset Service Provider