Regulatory AlertsGuidelines on the obligation to report to TRACFIN
The French Financial Markets Authority (AMF) issued DOC-2019-18 to clarify the scope and practical application of the obligation for financial service providers to report suspicious transactions to TRACFIN. This document establishes that reporting duties complement customer due diligence requirements and details the analytical process leading to the filing of a suspicion report. It provides essential guidance on compliance procedures while referencing specific articles from the Monetary and Financial Code and the General Regulation.
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III - Service Providers III. 3 - Anti-Money Laundering and Counter-Terrorist Financing Doctrine Anti-Money Laundering
Guidelines on the obligation to report to TRACFIN
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Applicable as of January 18, 2021 Position DOC-2019-18
Download Viewed Version Summary The reporting obligation to TRACFIN complements the due diligence obligations towards clients. DOC-2019-18 clarifies the scope of this obligation, outlines the analysis process that leads, where applicable, to a suspicion report, and provides information on practical procedures.
Download the doctrine Reference texts
Article L. 561-15 of the Monetary and Financial Code
Article L. 561-32 of the Monetary and Financial Code
Article R. 561-38 of the Monetary and Financial Code
Article D. 561-32-1 of the Monetary and Financial Code
Articles 320-16, 320-19, 320-20, 321-143, 321-146, 321-147, 325-22, 325-62, 560-9, 560-10 and 560-11 of the General Regulation Archives
The reporting obligation to TRACFIN complements the due diligence obligations towards clients. DOC-2019-18 clarifies the scope of this obligation, outlines the analysis process that leads, where applicable, to a suspicion report, and provides information on practical procedures.
Download the doctrine Reference texts
Article L. 561-15 of the Monetary and Financial Code
Article L. 561-32 of the Monetary and Financial Code
Article R. 561-38 of the Monetary and Financial Code
Article D. 561-32-1 of the Monetary and Financial Code
Articles 320-16, 320-19, 320-20, 321-143, 321-146, 321-147, 325-22, 325-62, 560-9, 560-10 and 560-11 of the General Regulation Keywords
Supervision Legal notices: Publisher: The Director of the Communication Department of the AMF. Contact: Communication Department, Autorité des marchés financiers - 17, place de la Bourse - 75082 Paris Cedex 02