Connecting ownership data: Practical pathways to tackle cross-border financial crime

List of abbreviations

AI artificial intelligence
AML anti-money laundering
AMLD Anti-Money Laundering Directive
AMLR Anti-Money Laundering Regulation
API application programming interface
BIFIDEX Business and Financial Data Exchange
BO beneficial ownership
BODS Beneficial Ownership Data Standard
BOT beneficial ownership transparency
BORIS Beneficial Ownership Registers Interconnection System
BRIS Business Registers Interoperable System
CFT combating the financing of terrorism
CRS Common Reporting Standard
DLT distributed ledger technology
EBRD European Bank for Reconstruction and Development
ECP European Core Platform
EOIR Exchange of Information on Request
EU European Union
EUID European Unique Identifier
FATF Financial Action Task Force
FIU financial intelligence unit
GCFFC Global Coalition to Fight Financial Crime
GDPR General Data Protection Regulation
IACCC International Asset-Counter-Corruption Crime
ICT information and communication technology
ID identification number
IFFs illicit financial flows
ISO International Organization for Standardization
IT information technology
JIT Joint Investigation Team
LEI legal entity identifier
LSEG London Stock Exchange Group
MHVDS minimum high-value dataset
MoU Memorandum of Understanding
OECD Organisation for Economic Co-operation and Development
PEP politically exposed person
UCID unique company identification number
UNCAC United Nations Convention against Corruption
UNODC United Nations Office on Drugs and Crime

Next page: Executive summary