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Code monetaire et financier - AML/CFT obligations (Articles L561-1 et seq., Tracfin regime)

France's AML/CFT obligations are set out in the Code monetaire et financier at Articles L561-1 and following. Article L561-2 lists the obliged entities…

What Code monetaire et financier - AML/CFT obligations (Articles L561-1 et seq., Tracfin regime) requires

France's AML/CFT obligations are set out in the Code monetaire et financier at Articles L561-1 and following. Article L561-2 lists the obliged entities (personnes assujetties) such as credit and payment institutions; Article L561-15 requires a declaration of suspicion to Tracfin for sums or operations suspected of arising from serious offences or terrorist financing; Article L561-22 provides good-faith immunity to declarants; and Article L561-23 establishes the national financial intelligence cell, the unit that operates under the name Tracfin. This node scopes the suspicious-transaction reporting regime to Tracfin.

Pillar: Financial Crime, AML & Sanctions · Authority: Republique francaise (Legifrance); Tracfin (national financial intelligence unit) · Version: 1.1.0 · Last updated:

Primary source: https://www.legifrance.gouv.fr/codes/section_lc/LEGITEXT000006072026/LEGISCTA000020180500/

SHA-256 integrity: 675d8581f23bb40bdb0684468c9743381ad535d4b71dc507e9c6852cb5d7c470

Primary Citations — 7 traced to source

  • Code monetaire et financier, Article L561-2 - Personnes assujetties (obliged entities subject to AML/CFT obligations, including credit and payment institutions)
  • Code monetaire et financier, Article L561-15 - Obligation de declaration; declaration of suspicion to the designated service (Tracfin) for sums or operations suspected of illicit origin

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