Here, you can find the definitions of the terms you can come across when dealing with AML matters.
- ACAMS/CAMS
- AML Country Risk/Jurisdictional risk
- Anti-Bribery and Corruption (ABC)
- Anti-Fraud
- Anti-Money Laundering (AML)
- Anti-Money Laundering Authority (AMLA)
- BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht)
- Basel AML Index
- Basel Institute on Governance
- Beneficial Owner/Ultimate Beneficial Owner (UBO)
- Commercial Register
- Correspondent Banking
- Counter-Terrorist Financing (CTF/CFT)
- Customer Due Diligence (CDD)
- EBA (European Banking Authority)
- EDGAR
- Egmont Group
- Enhanced Due Diligence (EDD)
- EU Sanctions Map
- FATF
- FCA (Financial Conduct Authority)
- Financial Crime Compliance (FCC)
- Financial Intelligence Unit (FIU)
- FinCEN (Financial Crimes Enforcement Network)
- FINRA (Financial Industry Regulatory Authority)
- GLEIF
- Hawala
- High-Risk Third Country
- Holistic approach
- Integration
- Investment Advisor Public Disclosure (IAPD)
- Know Your Customer (KYC)
- Layering
- Main legal sources
- Money Laundering Reporting Officer (MLRO)
- Nature of Business
- Negative News (Adverse Media) Screening
- Obliged entity
- OFAC (Office of Foreign Assets Control)
- Offshore Banking Licence
- Offshore Country
- Opensanctions
- Placement
- Politically Exposed Person (PEP)
- Prudential Regulation Authority (PRA)
- Regulator
- Reputational Risk
- Risk-Based Approach (RBA)
- Sanctions
- Sanctions Screening
- SEC (Securities and Exchange Commission)
- Shell Company
- Simplified Due Diligence (SDD)
- Source of Funds (SoF) and Source of Wealth (SoW)
- State-Owned Entity (SOE)
- Suspicious Activity Report (SAR)/Suspicious Transaction Report (STR)
- Three Lines of Defence Model
- Transaction Monitoring
- Transparency International
- Ultimate Parent Company
- Wolfsberg Group
- Wolfsberg Questionnaire
- Worldcheck