Anti-money laundering
AML/CFT: Setting up a system to combat money laundering and the financing of terrorism and to freeze assets
Are you a service provider covered by Article L. 561-2 of the French Monetary and Financial Code, and therefore subject to anti-money laundering and combating the financing of terrorism (AML/CFT) obligations? Do you need support in developing your AML/CFT system with a view to obtaining approval from the financial authorities? Would you like to adapt or improve your existing AML/CFT system? Would you like to set up a comprehensive permanent AML/CFT control system?
With over 10 years' experience working for the Autorité des marchés financiers (AMF), including examining applications for authorisation from regulated intermediaries and conducting audits of these players, the Firm ARAO AVOCAT is your partner for assistance with regulatory compliance in your business.
The Firm ARAO AVOCAT assists you in setting up your AML/CFT system (including the Travel Rule and the asset freeze system) when applying for authorisation or upgrading your system.
Who is affected by the obligations to combat money laundering and terrorist financing and the freezing of assets?
Article L. 561-2 of the Monetary and Financial Code sets out the list of persons subject to compliance with AML/CFT obligations.
Among these people, we can mention in a non-exhaustive way:
- Credit institutions, investment service providers, investment firms and portfolio management companies.
- Registered or licensed digital asset service providers
- Token issuers
- Payment service providers
- Electronic money institutions
- Financial investment advisors
- Gaming or betting operators
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Contact
For your project, you can contact me :
Email : a.raoul@arao-avocats.com
Telephone : +33 (0)6 84 01 59 92
Address: 17 rue Paul Lelong | 75002 Paris | France