|
|
Australian Business Number |
|
ACN |
Australian Company Number |
|
ADI |
authorised deposit-taking institution |
|
AFP |
Australian Federal Police |
|
AFSL |
Australian Financial Services Licence |
|
AML |
anti-money laundering |
|
AML/CTF Act |
Anti-Money Laundering and Counter-Terrorism Financing Act 2006 |
|
AML/CTF Rules |
Anti-Money Laundering and Counter-Terrorism Financing Rules |
|
AML/CTF legislation |
collectively the AML/CTF Act, AML/CTF Rules and the FTR Act |
|
APG |
Asia/Pacific Group on Money Laundering |
|
ARBN |
Australian Registered Body Number |
|
ASIC |
Australian Securities and Investments Commission |
|
AUD |
the international standard currency code for Australian dollars |
|
AUSTRAC |
Australian Transaction Reports and Analysis Centre |
|
BNI |
bearer negotiable instrument |
|
CDD |
customer due diligence |
|
CTF |
counter-terrorism financing |
|
CTRA |
until December 1992, AUSTRAC was known as the Cash Transaction Reports Agency |
|
DFAT |
Department of Foreign Affairs and Trade |
|
EDDSWeb |
AUSTRAC's electronic data delivery system web version, a secure website used by cash dealers for submitting financial transaction reports to AUSTRAC |
|
EFTI |
electronic funds transfer instruction |
|
FATF |
Financial Action Task Force |
|
FinCEN |
Financial Crimes Enforcement Network (USA) |
|
FIU |
financial intelligence unit |
|
FTR Act |
Financial Transaction Reports Act 1988 |
|
IDCD |
identifying cash dealer |
|
IFTI |
international funds transfer instruction - an instruction for a transfer
of funds transmitted electronically into or out of Australia |
|
IMF |
International Monetary Fund |
|
KYC |
know your customer |
|
ML/TF |
money laundering/terrorism financing |
|
SCTR |
significant cash transaction report - under the FTR Act, a report submitted to AUSTRAC by cash dealers, of a currency (coin or paper money) transaction involving AUD10,000 or more (or the foreign equivalent) |
|
SMR |
suspicious matter report - a report submitted to AUSTRAC by a reporting entity when it has reasonable grounds to suspect that provision of a designated service may be relevant to investigation of an offence against an Australian law, including tax evasion, money laundering and terrorism financing, or that a customer is not the person they claim to be. This report type will commence under the AML/CTF Act from 12 December 2008 |
|
SUSTR |
suspect transaction report - under the FTR Act, a report submitted to AUSTRAC by a cash dealer when it has reasonable grounds to suspect that a transaction may be relevant to investigation of an offence against an Australian law, including tax evasion and terrorism financing |
|
SWIFT |
Society for Worldwide Interbank Financial Telecommunication |
|
TTR |
threshold transaction report - a report submitted to AUSTRAC by a reporting entity where the provision of a designated service involves $10,000 (AUD) or more in physical currency, or $10,000 or more in
e-currency. This report type will commence under the AML/CTF Act from 12 December 2008 |
|
UNODC |
United Nations Office on Drugs and Crime |
