The terms used on this AML/CFT website have the same meaning as in Articles 2 to 4 of the Anti-Money Laundering Law and in Article 1 of the Anti-Money Laundering Regulation of the NBB.

In particular, “money laundering” is defined in Article 2 of the Anti-Money Laundering Law, and “terrorist financing” in Article 3 of the same Law. As regards the other definitions, we refer to the following legal and regulatory provisions:

• “(A)ML/(C)FT”: see Article 4, 1 of the Anti-Money Laundering Law
• “(A)ML/(C)FTP”: see Article 4, 2° of the Anti-Money Laundering Law
• “AMLCO”: see Article 1, 4° of the Anti-Money Laundering Regulation
• “Anti-Money Laundering Law”: the Law of 18 September 2017 on the prevention of money laundering and terrorist financing and on the restriction of the use of cash
• “Anti-Money Laundering Regulation of the NBB”: Regulation of the NBB of 21 November 2017 on the prevention of money laundering and terrorist financing
• “Atypical transaction”: see Article 1, 6° of the Anti-Money Laundering Regulation
• “Authentication service”: see Article 4, 41° of the Anti-Money Laundering Law
• “Beneficial owner”: see Article 4, 27° of the Anti-Money Laundering Law
• “Binding provisions on financial embargoes”: see Article 1, 6° of the Anti-Money Laundering Law
• “Business day”: see Article 4, 40° of the Anti-Money Laundering Law
• “Business relationship”: see Article 4, 33° of the Anti-Money Laundering Law
• “Coordinating bodies”: see Article 4, 14° of the Anti-Money Laundering Law
• “Correspondent relationship”: see Article 4, 34° of the Anti-Money Laundering Law
• “Criminal activity”: see Article 4, 23° of the Anti-Money Laundering Law
• “CTIF-CFI”: see Article 4, 16° of the Anti-Money Laundering Law
• “Directive 2015/849”: see Article 4, 3° of the Anti-Money Laundering Law
• “Electronic money”: see Article 4, 35° of the Anti-Money Laundering Law
• “European Regulation on transfers of funds”: see Article 4, 5° of the Anti-Money Laundering Law
• “European Supervisory Authorities” or “ESAs”: see Article 4, 11° of the Anti-Money Laundering Law
• “Family member”: see Article 4, 29° of the Anti-Money Laundering Law
• “Financial Action Task Force” or “FATF”: see Article 4, 10° of the Anti-Money Laundering Law
• “Financial intelligence unit”: see Article 4, 15° of the Anti-Money Laundering Law
• “Games of chance”: see Article 4, 36° of the Anti-Money Laundering Law
• “Goods”: see Article 4, 24° of the Anti-Money Laundering Law
• “Group”: see Article 4, 22° of the Anti-Money Laundering Law
• “High-risk third country”: see Article 4, 9° of the Anti-Money Laundering Law
• “Implementing measures of Directive 2015/849”: see Article 4, 4° of the Anti-Money Laundering Law
• “International organisation”: see Article 4, 32° of the Anti-Money Laundering Law
• “Life insurance contract”: see Article 4, 25° of the Anti-Money Laundering Law
• “Managerial functions”: see Article 4, 39° of the Anti-Money Laundering Law
• “Managerial responsibilities”: see Article 4, 38° of the Anti-Money Laundering Law
• “Member State”: see Article 4, 7° of the Anti-Money Laundering Law
• “Ministerial Committee tasked with coordinating the fight against the laundering of money of illicit origin”: see Article 4, 12° of the Anti-Money Laundering Law
• “National Security Council”: see Article 4, 13° of the Anti-Money Laundering Law
• “NBB”: the National Bank of Belgium
• “Numbered account or contract”: see Article 1, 7° of the Anti-Money Laundering Regulation
• “Obliged entity established in another Member State or in a third country”: see Article 4, 19° of the Anti-Money Laundering Law
• “Obliged entity governed by the law of a third country”: see Article 4, 21° of the Anti-Money Laundering Law
• “Obliged entity governed by the law of another Member State”: see Article 4, 20° of the Anti-Money Laundering Law
• “Obliged entity”: see Article 4, 18° of the Anti-Money Laundering Law
• “Obliged financial institutions”: the entities referred to in Article 5, § 1, 4° to 10° of the Anti-Money Laundering Law and in Article 2 of the Anti-Money Laundering Regulation of the NBB, or the entities referred to on this AML/CFT website
• “Occasional transaction”: see Article 1, 5° of the Anti-Money Laundering Regulation
• “Persons known to be close associates”: see Article 4, 30° of the Anti-Money Laundering Law
• “Politically exposed person”: see Article 4, 28° of the Anti-Money Laundering Law
• “Professional counterparty”: see Article 1, 8° of the Anti-Money Laundering Regulation
• “Regulation 910/2014”, known as the “eIDAS Regulation”: see Article 4, 5°/3 of the Anti-Money Laundering Law
• “Senior management”: see Article 4, 31° of the Anti-Money Laundering Law
• “Shell bank”: see Article 4, 37° of the Anti-Money Laundering Law
• “Supervisory authorities”: see Article 4, 17° of the Anti-Money Laundering Law
• “Third country”: see Article 4, 8° of the Anti-Money Laundering Law
• “Trust”: see Article 4, 26° of the Anti-Money Laundering Law

For more information on the definitions, see the preparatory works of the Anti-Money Laundering Law (Law of 18 September 2017 and amending Laws) (see the page “Main reference documents”).