Abbreviations and Acronyms

AMLD

Directive of the European Parliament and of the Council amending Directive on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing, 2015

ACC

Australian Crime Commission

ACC Act

Australian Crime Commission Act 2002 (Cth)

ACT

Australian Capital Territory

ADJR Act

Administrative Decisions (Judicial Review) Act 1977 (Cth)

AFP

Australian Federal Police

AML/CTF

Anti-money laundering and counter-terrorism financing

AML/CTF Act

Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth)

AUD

Australian dollar

AUSTRAC

Australian Transaction Reports and Analysis Centre

CBA

Commonwealth Bank of Australia

CBM-BNI

Cross-border movements of bearer negotiable instruments

CBM-PC

Cross-border movements of physical currency

CDD

Customer due diligence

CDPP

Commonwealth Director of Public Prosecutions

CEO

Chief Executive Officer

CFSP

Common Foreign and Security Policy

CFI

Court of First Instance of CJEU

CJEU

Court of Justice of the European Union

CFT

Countering the financing of terrorism (FATF and UN terminology)

CTF

Counter-terrorism financing (Australian terminology)

CoE

Council of Europe, Strasbourg

CFD

Council Framework Decision

Code

Criminal Code (Cth)

CODEXTER

CoE Committee of experts on terrorism

COTUNA

Charter of the United Nations Act 1945 (Cth)

DTA

Drug Trafficking Act 1994 (Cth)

ECHR

European Convention for the Protection of Human Rights and Fundamental Freedoms

ECtHR

European Court of Human Rights, Strasbourg

ECJ

European Court of Justice, Luxembourg

ECOSOC

United Nations Economic and Social Council

EP

European Parliament

EU

European Union

EUR

Euro

European Charter

Charter of Fundamental Rights of the European Union

European Council

Heads of State or Government of the EU Member States, together with its President and the President of the Commission

FBI

USA Federal Bureau of Investigation

FinCEN

Financial Crimes Enforcement Network (USA)

FTRA

Financial Transaction Reports Act 1988

GBP

British pound (currency)

HCA

High Court of Australia

HRC

UN Human Rights Committee

ICCPR

International Covenant on Civil and Political Rights

IFTIs

International funds transfer instructions

IMF

International Monetary Fund

INSLM

Independent National Security Legislation Monitor

ISIL

Islamic State in Iraq and the Levant

KYC

know-your-customer

FATF

Financial Action Task Force

LCA

Law Council of Australia

Merida Convention

UNConvention against Corruption (UNCAC), 2349 UNTS 41

ML/TF

Money laundering and terrorism financing

NSW

New South Wales

NT

Northern Territory

OECD

Organisation for Economic Co-operation and Development

OLAF

European Anti-Fraud Office (Office européen de lutte anti-fraude)

OJ

Official Journal of the EU

Palermo Convention

UNConvention against Transnational Organised Crime (UNTOC), 2000, 225 UNTS 20

POAC

Proscribed Organisations Appeal Commission is the specialist body set up by the UK Parliament to hear and determine appeals brought against decisions proscribing, or refusing to lift the proscription of, organisations regarded as terrorist by the Home Secretary

PNR

Passenger Name Record

POAC

Proscribed Organisations Appeal Commission (UK)

POCA

Proceeds of Crime Act (Cth)

RBA

Risk-based approach

Rec

Recommendation

RICO

Racketeer Influenced and Corrupt Organizations Act (US)

QLD

Queensland

SA

South Australia

SBA

Swiss Bankers Association

SCAG

Standing Committee of Attorneys General

SLCALC

Senate Legal and Constitutional Affairs Legislation Committee

SLRC

Security Legislation Review Committee

SMR

Suspicious Matter Report

SOCA

Serious Organised Crime Agency, UK

STR

Suspicious Transaction Report

Strasbourg Convention

Council of Europe Convention on Laundering, Search, Seizure and Confiscation of the Proceeds from Crime, 1990, ETS n°141

STC-LCA

Senate Standing Committee on Legal and Constitutional Affairs

TRACFIN

Traitement du Renseignement et Action contre les Circuits Financiers clandestins (French Financial Intelligence Unit)

The Code

Criminal Code Act 1995 (Cth)

TTR

Threshold Transactions Report

UK

United Kingdom

UN

United Nations Organisation

UNCFT

International Convention for the Suppression of the Financing of Terrorism, 1999, 2178 UNTS 197

UNODC

United Nations Office on Drugs and Crime

UNSC

United Nations Security Council

UNSCR

United Nations Security Council Resolution

UNTOC

UNConvention against Transnational Organised Crime, 2000 (Palermo Convention)

US, USA

United States of America

USC

United States Code (US criminal code)

USD

United States dollar

VC

Virtual currencies

VCPPS

VC payment products and services

Vienna Convention

UNConvention against Illicit Traffic in Narcotic Drugs and Psychotropic Substances, 1988, 1582 UNTS 95

WA

Western Australia

WMD

Weapons of mass destruction

WWII

World War II