France : Financial Sector Assessment Program-Technical Note-Anti-Money Laundering and Combating the Financing of Terrorism Regime in France
Author/Editor:
International Monetary Fund. Monetary and Capital Markets Department
Publication Date:
October 29, 2019
Electronic Access:
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Summary:
This technical note (TN) sets out the findings and recommendations made in the Financial Sector Assessment Program (FSAP) for France in the areas of anti-money laundering and combating the financing of terrorism (AML/CFT). The TN summarizes the findings of a targeted review of France’s AML/CFT framework with respect to measures to prevent and combat terrorist financing (TF), risk-based supervision of banks, real estate agents, company service providers and lawyers, measures to tackle cross-border crimes, and fintech. It provides a factual update on the key measures taken by the authorities since France’s previous assessment against the Financial Action Task Force (FATF) standard during 2010-2011. The TN is not, in any way, an evaluation or assessment of France’s AML/CFT system. France is scheduled to undergo a comprehensive assessment against the prevailing standard during 2020–2021 by the FATF.
Series:
Country Report No. 19/326
English
Publication Date:
October 29, 2019
ISBN/ISSN:
9781513517827/1934-7685
Stock No:
1FRAEA2019009
Price:
$18.00 (Academic Rate:$18.00)
Format:
Paper
Pages:
36
