GLOSSARY
Explore our comprehensive glossary of terms related to Central and Eastern European economics, politics, and culture.
127 terms found
AFME
Association for Financial Markets in Europe - a trade body that represents the leading global and European banks.
AI
Artificial Intelligence - the simulation of human intelligence in machines that are programmed to think like humans and mimic their actions.
AI Act
EU's Artificial Intelligence Act (Regulation (EU) 2024/1689) - a comprehensive, risk-based framework for AI development.
AI Monitor 2024
A study or report monitoring the adoption and understanding of AI technologies in 2024.
AML
Anti-Money Laundering - the process of preventing the practice where criminals generate income from illegal activities and then launder the proceeds to make it appear to be from a legitimate source.
AMLD IV
Anti-Money Laundering Directive IV - EU directive aimed at preventing money laundering and terrorist financing.
AMLD6
Sixth Anti-Money Laundering Directive - EU directive that strengthens measures against money laundering and terrorist financing.
APIs
Application Programming Interfaces - sets of rules and protocols for building and interacting with software applications.
APR
Annual Percentage Rate - the annual cost of borrowing, expressed as a single percentage.