| ACR | Annual Compliance Report |
| AML | Anti-Money Laundering |
| AML/CTF | Anti-Money Laundering and Counter-Terrorism Financing |
| APP | Australian Privacy Principle |
| ATO | Australian Taxation Office |
| AUSTRAC | Australian Transaction Reports and Analysis Centre |
| BNI | Bearer Negotiable Instrument |
| CBM | Cross-Border Movement Report |
| CDD | Customer Due Diligence |
| CTF | Counter-Terrorism Financing |
| DVS | Document Verification Service |
| ECDD | Enhanced Customer Due Diligence |
| EDD | Enhanced Due Diligence |
| FATF | Financial Action Task Force |
| FCGWT | Foreign Resident Capital Gains Withholding Tax |
| FIU | Financial Intelligence Unit |
| ID | Identification |
| KYC | Know Your Client / Know Your Customer |
| LPP | Legal Professional Privilege |
| ML | Money Laundering |
| ML/TF Risk | Money Laundering / Terrorism Financing Risk |
| OCDD | Ongoing Customer Due Diligence |
| PEP | Politically Exposed Person |
| PDD | Personnel Due Diligence |
| PF | Proliferation Financing |
| POI | Proof of Identity |
| ROC | Risk Ownership and Control |
| SMR | Suspicious Matter Report |
| SOF | Source of Funds |
| SOW | Source of Wealth |
| TF | Terrorism Financing |
| TTR | Threshold Transaction Report |
| UBO | Ultimate Beneficial Owner |
| VOI | Verification of Identity |
| KYC Refresh | Periodic re-verification of client information and risk profile |
| Adverse Media | Negative news or media reporting relating to a client or related party |
| Beneficial Owner | The individual who ultimately owns or controls a company, trust or arrangement |
| Designated Service | A service regulated under the AML/CTF Act requiring compliance obligations |
| Enhanced Monitoring | Additional scrutiny applied to higher-risk clients or transactions |
| High Risk Client | A client assessed as presenting elevated AML/CTF risk requiring additional checks |
| Risk Appetite | The level and type of AML/CTF risk a firm is willing to accept |
| Sanctions Screening | Checks against Australian and international sanctions lists |
| Threshold Transaction | A physical cash transaction of AUD $10,000 or more |
| Tipping Off | Improperly informing a client that a suspicious matter report or investigation may exist |