ABOUT REGULATED SECTORS FUNDS PENSIONS DESIGNATED BUSINESS AML/CFT ENFORCEMENT AUDITORS COVID-19 Home About Glossary Glossary Abbreviation ACSP Association of Corporate Service Providers (Isle of Man) AIM Alternative Investment Market AML/CFT (and PF) Anti-Money Laundering and Countering the Financing of Terrorism (and Proliferation Financing) AML/CFT Handbook Anti-Money Laundering and Countering the Financing of Terrorism Handbook APSP Association of Pension Scheme Providers (Isle of Man) Basel Committee The Basel Committee on Banking Supervision BIS Bank for International Settlements CAROL Consolidation and Review of Legislation CDD Customer Due Diligence CFT Countering the Financing of Terrorism CIS Collective Investment Schemes Commission, the Financial Supervision Commission (replaced by IOMFSA from 1/11/15) CoMin Council of Ministers (Isle of Man) CSP Corporate Service Provider CSPA Corporate Service Providers Act DNFBPs Designated Non-Financial Businesses and Professions EC European Commission EIF Experienced Investor Fund EIOPA European Insurance and Occupational Pensions Authority EU European Union EUSD European Union Savings Directive FATCA Foreign Account Tax Compliance Act (US) FATF Financial Action Task Force FCU Financial Crime Unit (Isle of Man) FMA Isle of Man Fund Management Association FPIBA Financial Planners and Insurance Brokers Association (Isle of Man) FRC Financial Reporting Council (UK) FSA 1988 Financial Supervision Act 1988 FSB Financial Stability Board FSC Financial Supervision Commission (replaced by IOMFSA from 1/11/15) FSF Financial Stability Forum FSOS Financial Services Ombudsman Service (Isle of Man) GAAP Generally Accepted Accounting Standards GIFCS (formerly OGBS) Group of International Finance Centre Supervisors (formerly the Offshore Group of Banking Supervisors) GIICS (formerly OGIS) Group of International Insurance Centre Supervisors (formerly the Offshore Group of Insurance Supervisors) GSC Gambling Supervision Commission (Isle of Man) IBA Investment Business Act 1991 to 1993 IAIS International Association of Insurance Supervisors ICSA Institute of Chartered Secretaries and Administrators ICPs Insurance Core Principles IIP Investors in People IMF International Monetary Fund IA2008 Insurance Act 2008 IOMCA Isle of Man Captive Association IOMFSA Isle of Man Financial Services Authority IOMSCA Isle of Man Society of Chartered Accountants IOPS International Organisation of Pension Supervisors IOSCO The International Organisation of Securities Commissions IPA Insurance and Pensions Authority (replaced by IOMFSA from 1/11/15) Island Isle of Man JAMLAG Joint Anti-Money Laundering Advisory Group KYC Know Your Customer LLC Limited Liability Company (formed under the Isle of Man’s Limited Liability Companies Act 1996) LP Limited Partnership (formed under the Isle of Man’s Partnership Act 1909) MAS Manx Actuarial Society MIA Manx Insurance Association MLRO Money Laundering Reporting Officer MMOU Multilateral Memorandum of Understanding MOU Memorandum of Understanding MONEYVAL Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (EU) NAV Net Asset Value NCCT Non-cooperative Countries and Territories NRA National Risk Assessment OECD Organisation for Economic Co-operation and Development OFC Offshore Financial Centre OFT Office of Fair Trading OGBS Offshore Group of Banking Supervisors PIF Professional Investor Fund QF Qualifying Fund RPI Retail Price Index RBSA Retirement Benefits Schemes Act 2000 SF Specialist Fund SI Statutory Investment TSP Trust Service Provider UK United Kingdom UN United Nations US United States ABOUT US ACCOUNTABILITY & CORPORATE GOVERNANCE CAREERS CONTACT US HOW TO COMPLAIN PROFILE OUR STRUCTURE LINKS REGULATORY DEVELOPMENTS WHISTLEBLOWING WEBINARS Sitemap Terms & Conditions Website and Cookies 🔒 Privacy Policy Freedom of Information RSS Contact Us © Copyright 2021 Isle of Man FSA