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10 Cards in this Set
- Front
- Back
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Affidavit |
Awritten statement given under oath before an officer of the court, notarypublic, or other authorized person. It is commonly used as the factual basisfor an application for a search, arrest or seizure warrant.
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AlternativeRemittance System (ARS) |
Undergroundbanking or Informal Value Transfer Systems (IVTS). Often associated with ethnicgroups from the Middle East, Africa or Asia, and commonly involves the transferof values among countries |
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Anti-Money LaunderingInternational Database (AMLID) |
Acompendium of analyses of anti-money laundering laws and regulations, includingtwo general classes of money laundering control measures—domestic laws andinternational cooperation—as well as information on national contacts andauthorities
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Anti-Money LaunderingProgram |
Written internal policies, procedures andcontrols; |
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Arrest Warrant |
A court order directing a law enforcement officer to seizeand detain a particular person and require them to provide an answer to acomplaint or otherwise appear in court. |
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Asia/Pacific Group on Money Laundering (APG)
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A Financial Action Task Force (FATF)-style regional bodyconsisting of jurisdictions in the Asia/Pacific Region. |
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Asset Protection |
Aprocess that includes reorganizing how assets are held so as to make them lessvulnerable should a claim be made against a person
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Asset ProtectionTrusts (APTs) |
Aspecial form of irrevocable trust usually created (i.e., settled) offshore forthe principal purposes of preserving and protecting part of one’s wealth fromcreditors
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Automated ClearingHouse (ACH) |
Anelectronic banking network that processes large volumes of both credit anddebit transactions that originate in batches.
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Automated TellerMachine (ATM) |
Anelectronic banking outlet that allows customers to complete basic transactionswithout the assistance of a bank employee
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