Tracfin (''Traitement du renseignement et action contre les circuits financiers clandestins'') is a service of the
French Ministry of Finances. It fights
money laundering
Money laundering is the process of concealing the origin of money, obtained from illicit activities such as drug trafficking, corruption, embezzlement or gambling, by converting it into a legitimate source. It is a crime in many jurisdictions ...
.
Tracfin is a unit of French Ministry for Economy, Finance and Industry and the Ministry for the Budget, Public Accounts, the Civil Service and State Reform with a statewide reach. Since its foundation in 1990 its aim is to fight against illegal financial operations, money laundering and
terrorism financing
Terrorism financing is the provision of funds or providing financial support to individual terrorists or non-state actors.
Most countries have implemented measures to counter terrorism financing (CTF) often as part of their money laundering la ...
. It is now a secret service attached to the Ministry of Finance and Public Accounts (Ministère de l'Action et des Comptes publics) and its full name is ''La Cellule française de lutte contre le blanchiment de capitaux et le financement du terrorisme'' (the French Unit for Combating Money Laundering and the Financing of Terrorism).
See also
*
Government of France
The Government of France ( French: ''Gouvernement français''), officially the Government of the French Republic (''Gouvernement de la République française'' ), exercises executive power in France. It is composed of the Prime Minister, who ...
References
External links
*
Téléprocédure Ermes*
French intelligence agencies
Anti-money laundering organizations
Terrorism articles needing infoboxes
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