Compliance Glossary

Disparate impact is a legal doctrine in anti-discrimination and AI governance law that holds a facially neutral policy or algorithm legally ...

Dual-use goods are products, software, or technology with both civilian and military applications that require export licensing under ...

The Egmont Group is an international organization that connects national Financial Intelligence Units, giving them a secure channel to ...

Electronic KYC (eKYC) is a digital identity verification method that allows financial institutions to confirm a customer's identity ...

EMV (Europay Mastercard Visa) is a global payment standard that secures chip-based card transactions through dynamic cryptograms, replacing ...

Encryption at rest is a data-security control that protects stored data by converting it to ciphertext using a cryptographic algorithm, ...

Encryption in transit is a cryptographic security control that protects data moving between systems or network endpoints by encoding it ...

End-user screening is a sanctions and export control compliance process that verifies the identity and risk status of the final recipient ...

Enterprise-Wide Risk Assessment (EWRA) is an AML governance exercise that measures a financial institution's total exposure to money ...

Entity Resolution is a data management process that determines whether records across disparate datasets describe the same real-world ...

The European Market Infrastructure Regulation (EMIR) is an EU regulation that governs over-the-counter derivatives, central counterparties, ...

Export Control is a legal and regulatory system that governs the export and re-export of goods, software, technology, and services across ...

F1 Score is a model performance metric that computes the harmonic mean of precision and recall, giving a single balanced measure of a ...

Fair Lending is a legal and regulatory framework that prohibits discrimination in credit transactions based on protected characteristics ...

False Negative is a classification error in AML and fraud detection systems where a genuinely suspicious transaction, entity, or behavior ...

A false positive is a transaction monitoring alert in AML compliance that flags a legitimate, non-suspicious transaction as potentially ...

Faster Payments Service (FPS) is a UK real-time payment system that lets people and businesses send sterling transfers between bank ...

FATF Black List is a sanctions designation maintained by the Financial Action Task Force that identifies countries with critical strategic ...

FATF Grey List is a public monitoring designation issued by the Financial Action Task Force that identifies countries with strategic ...

The FedNow Service is an instant payment system operated by the U.S. Federal Reserve that lets banks and credit unions settle transactions ...