France rates positive overall for AML/CFT, weak in property sector – FATF

By Keith Nuthall

France needs to improve its anti-money laundering and counter financing of terrorism (AML/CFT) performance around designated non-financial businesses and professions (DNFBPs), the Financial Action Task Force (FATF) has concluded in its latest mutual evaluation report [1] – although it says the country is generally effective in fighting illicit money flows.