News

France’s financial intelligence unit applauded notaries, real estate professionals, casinos, and other non-financial professionals for strengthening their scrutiny of potential financial crime, while expressing concern that activity in the booming cryptocurrency sector was almost flat. The volume of suspicious transaction reports, or STRs, plateaued in France in 2022 to reach almost 163,000, up one percent on the previous year, France's FIU Tracfin said in a 68-page statistical annual report published Friday. Behind the apparent stability lie opposing trends, as reporting activity in the financial sector, which accounts for 93 percent of total volume, fell by one percent last year, while...