ARA meaning in Business ?

Answer: What is Assets Recovery Agency mean?

The Assets Recovery Agency (ARA) was a non-ministerial government department in the United Kingdom. It was established under the Proceeds of Crime Act 2002 (POCA) to reduce crime by confiscating the proceeds of any crime. It was granted a new power of civil recovery through the High Court, and could also take over the powers of the HM Revenue and Customs (HMRC) to levy tax without identifying a source for taxed income.

The ARA became operational in February 2003, but it failed to meet its targets for the confiscation of criminal funds. It was announced in January 2007 that it would be merged with the Serious Organised Crime Agency (SOCA), which was established in 2006. Provisions to achieve this were contained in the Serious Crime Act 2007. There were also proposals for other law enforcement agencies, such as HMRC, to be given similar powers of civil recovery at the same time. On 1 March 2008, the transfer of the Director and staff of the Assets Recovery Agency, its property, rights and liabilities to SOCA and the National Policing Improvement Agency started in anticipation of the Agency's abolition. The agency ceased to exist on 1 April 2008.

reference

Full Form	Category
Arkansas Research Alliance	Academic & Science
Artistic Research Archives	Academic & Science
ARA terminal used in Railway signalling	Academic & Science
Academy of Rehabilitative Audiology	Academic & Science
Antenna Research Associates	Academic & Science
Artistic Research Archive	Academic & Science
Agency Reimbursement Amount	Accounts and Finance
Accounting Research Association	Accounts and Finance
New Iberia (la)	Airport Code
Assets Recovery Agency	Business
Aracruz Celulose, S. A.	Business
Automatic Response Agreement	Business
Applied Research Associates	Business
Altstoff Recycling Austria	Business
Ardana	Business
Ariadne Australia Ltd	Business
Assistant Resident Advisor	Community
American Rally Association	Community
American Relief Association	Community
Ada Resource Association	Community
Angels Rainbows And All	Community
Anti Racist Action	Community
American Rheumatism Association	Community
American Rental Association	Community
American Recovery Association	Community
Austin Radiological Association	Community
American Rimfire Association	Community
Art Residence Aley (Lebanon)	Community
Ati Radeon	Computing
Attribute Registration Authority	Computing
Application Release Automation	Computing
Adora Token	Cryptocurrency
Ara Blocks	Cryptocurrency
Administrative Review Action	General
American Renal Associates	General
records Ansible	General
Average Relative Abundance	General
AMD Really Awesome	General
Amsterdam Rotterdam and Antwerp	General
Administrative Request Acknowledge	General
Administration and Regulatory Affairs	General
Aggregate Risk Analysis	General
Assessing Reserve Adequacy	General
Anytime Repairing A	General
Analog Radio Adapter	General
Average Resource Availability	General
Alpine Rally Association	General
Acura Roadside Assistance	General
Allradantrieb	General
Audi Roadside Assistance	General
Automotive Retailers Association	General
Arizona Racing Association	General
Automotive Resources Asia	General
Automotive Research Alliance	General
Alfa Romeo Association	General
Alliance Rostec Auto	General
Automotive Research Associates	General
Auto Recyclers of America	General
Automotive Repair Act	General
Auto Retro Aveyronnais	General
Anthony Richard Anstead	General
Atorvastatin Research Awards	General
ARM (Assembly Requirements Model) Relation Attribute	General
Agricultural Retailers Association	General
Askaryan Radio Array	General
Apartment Realty Advisors	General
Awards and Recognition Association	General
Automatic Retailers of America	General
Actively Racist Attacking	General
Audio Random Access	General
Active Racist Attacking	General
Alliance for Retired Americans	Governmental
Any Responsible Adult	Governmental
Automotive Rebuilders Association	Governmental
Automotive Recyclers Association	Governmental
Anti Rascist Actions	Governmental
Area Redevelopment Administration	Governmental
Amsterdam-Rotterdam-Antwerp	Governmental
Aggregate Resources Act	Governmental
ARA	Indian Railway Station
Asociación Regional Agraria	International
Accredited Rural Appraiser	Jobs
Associate of The Royal Academy	Jobs
Alcohol Rehabilitation Association	Medical
Aerosol Liquid with Adapter	Medical
Angiotensin Receptor Antagonist	Medical
Anthracycline Resistance Associated	Medical
Animal Rights Activists	Medical
Action Research Arm	Medical
Assigned Responsible Agency	Military and Defence
Armada Republica Argentina	Military and Defence
Australian Regular Army	Military and Defence
Accountability Responsibility Authority	Military and Defence
Army of Revolutionary Assassins	Military and Defence
Appletalk Remote Access	Networking
All Replies Answered	Real Estate
Arcade and Attica Railroad	Regional
Arcade and Attica Railroad Corporation	Regional
Australian Retailers Association	Regional
Apple Remote Access	Telecommunication