Glossary

On our website we use a number of abbreviations and acronyms. The full term is normally used at the beginning of the article, but we have gathered a list of the most commonly used acronyms for your ease of reference.

AII    Alternative Instrument Identifier
AIFMD Alternative Investment Fund Managers Directive
AMLTF  Anti-Money Laundering Task Force
AUMAssets Under Management
ARCAccounting Regulatory Committee
AuRC Auditing Regulatory Committee
CCP      Central Counterparty Clearing
CEMA  Standing Committee for Market and Economic Analysis
CEREP   Central Ratings Repository
CDSCredit Default Swaps
CDO  Collateralized Debt Obligations
CFTCCommodity Futures Trading Commission
CommissionEuropean Commission 
CPSSCommittee on Payment and Settlement Systems
CRAsCredit Rating Agencies
CRDCapital Requirements Directive
CSDCentral Securities Depositories
EBAEuropean Banking Authority
ECB  European Central Bank
ECONEconomic and Monetary Affairs Committee of the European Parliament
EEAEuropean Economic Area
EECSEuropean Enforcers’ Co-ordination Sessions
EFCEconomic and Financial Committee
EFRAGEuropean Financial Reporting Advisory Group
EIOPAEuropean Insurance and Occupational Pensions Authority
EMIREuropean Market Infrastructure Regulation
EPEuropean Parliament
ESRBEuropean Systemic Risk Board
EUEuropean Union
ESAsEuropean Supervisory Authorities
ESCEuropean Securities Committee
ESCBEuropean System of Central Banks
ESFSEuropean System of Financial Supervision
ESMAEuropean Securities and Markets Authority
FASBFinancial Accounting Standards Board
FCD / FICODFinancial Conglomerates Directive
FSB Financial Stability Board
FSCFinancial Services Committee
FSTFinancial Stability Table
GAAPGenerally Accepted Accounting Principles
IAImpact Assessment
IAASB International Auditing and Assurance Standards Board
IASBInternational Accounting Standards Board
IFRS International Financial Reporting Standards
IFRS ICInternational Financial Reporting Standards Interpretations Committee
IOSCOInternational Organisation of Securities Commissions
IPOInitial Public Offering
ITInformation Technology
M&AMergers and Acquisitions
MADMarket Abuse Directive
MiFIDMarkets in Financial Instruments Directive
MoU  Memorandum of Understanding
MTFMultilateral Trading Facility
NCAsNational Competent Authorities
OAMOfficially Appointed National Mechanism
OFCNon-cooperative Jurisdictions
OTCOver-The-Counter
Q&AQuestions and Answers
SECSecurities and Exchange Commission
SLD Securities Law Directive
SMSGSecurities Markets Stakeholder Group
SSMSingle Supervisory Mechanism
TDTransparency Directive
TODTakeover Bids Directive
TREMTransaction Reporting Exchange Mechanism
UCITSUndertakings for Collective Investment in Transferable Securities (Directive)
USAUnited States of America
XBRLExtensible Business Reporting Language