Compliance Solution in France
France is suitable for money laundering due to its stable economy and strong currency.
France’s main vulnerabilities to Money Laundering, as arising from the layering and integration stages rather than during the placement phases.
The Autorité des Marchés Financiers (AMF) is one of the competent authorities in the supervision of systems implemented by players in the financial sector to combat money laundering and the financing of terrorism. It takes part in ongoing efforts by France to keep its national system up to the highest standard.
Compliance Solution in France
Compliance outsourcing
ABM Global Compliance Outsourcing service is for companies in France that do not have suffcient internal resource to carry out day to day internal compliance tasks, such as file reviews, maintaining registers and writing the monthly Compliance Boardreport.
On going process
For any payment institution in France, compliance is an on-going process that is to be maintained at a high level, mandatory as according to the Anti-Money Laundering Act of France.
Ongoing compliance services
- Risk Assessment, CDD measures and compliance with the TRACFIN reporting obligations
- Internal compliance audit
- Internal compliance audit
- Annual Competence Assessment
- Training and awareness
Are you looking for MLR & FCA compliance support in France?
Our Specialized
Services
ABM Consulting Group PLC specialised services assist the financial service providers not only successfully secure the licence but also ensure the compliance during the operations and complying with their ongoing regulatory requirements. ABM Consulting Group PLC also assists the FINTECH companies to expand its operation through payment and card schemes.
- Licence authorisation from FCA
- Annual Compliance Audit.
- Ongoing compliance monitoring.
- SWIFT and SEPA payment schemes.
- Principal and associate membership of Visa and MasterCard schemes.
