Barely a month since the last sanction was published, the ACPR has this time condemned a non-life mutual/insurance company, mainly for failings in the detection of asset freezes.
The French Anti-Corruption Agency: a fundamental, strategic and central player in the fight against Corruption publishes its 2022 Activity Report.
"Better late than never": this proverb is taking on its full meaning in the AML-CFT Compliance departments of French taxpayers, following the publication in the JORF of March 17, 2023 of a decree defining and fixing the list of politically exposed national functions. This comes as no surprise, given that last month the French Cour des Comptes published...
ACPR uses an AI tool called LUCIA for the first time, and it changes everything!
The Autorité de Contrôle Prudentiel et de Résolution (ACPR) has just published a new sanction against a regional mutual of a major French group. The novelty lies not so much in the grievances cited, as in the reprimand and fine of 1.5 million euros...