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Your glossary for risk and compliance

Helpful definitions of all of the terms you need to know to better manage risk and compliance.

Compliance

Attestation of Compliance (AOC)

The Attestation of Compliance is the formal validation document used to demonstrate an entity’s compliance status to interested external parties (Banks, Acquirers, customers). The AOC can be signed off on by an Officer of the entity (for self-assessment) or a Qualified Security Assessor (for a Report on Compliance).