FranceTracfin, France’s financial intelligence unit, published its annual report for 2023, highlighting its activities and analysis related to financial transaction reports for the purpose of combating money laundering and terrorist financing.
The French Financial Markets Authority announced that the fourth edition of the French FinTech Week will be held from Oct. 7 to Oct. 18, 2024.
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On Jan. 10, 2024, France’s Insurance Commissioner fined the Luxembourg-licensed insurance company Lombard International Assurance S.A. €1,682,000 for several anti-money laundering and counterterrorist financing deficiencies.
The Sanctions Commission of the French Prudential Supervision and Resolution Authority reprimanded and fined Abeille Vie, S.A., formerly Aviva Vie, €3.5 million for significant anti-money laundering and counterterrorist financing shortcomings.
| Technical | Effectiveness |
|---|---|
| Compliant : 9 | High : |
| Largely Compliant : 29 | Substantial : |
| Partially Compliant : 10 | Moderate : |
| Non-Compliant : 1 | Low : |
| Rank : 122/141 |
| Score : 3.92/10 |
| Rank : 23/179 |
| Score : 69/100 |
| Rank : 33/133 |
| Score : 50/100 |