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⍰ ASK What role do French authorities play in overseeing offshore banking activities?

In France a group called ACPR watches over offshore banking to keep things fair. They make sure everyone follows the rules and works with other countries to fight against bad money transactions.

France also teams up with groups like OECD to make the rules stronger. Because of the FATF which makes global rules, France can go after and punish financial crimes connected to offshore transaction.
 

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