BSA/AML/CFT/OFAC Common Acronyms (Compliance Quick Reference Guide)

We live in a world full of acronyms, which can be quite intimidating as we learn new terms in our everyday work. This list contains common acronyms used in the Bank Secrecy Act/Anti-Money Laundering/Counter-Terrorist Financing/Office of Foreign Assets Control (BSA/AML/CTF/OFAC) area of the financial services industry. It is not intended to be an exhaustive list; it includes those most commonly used.