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⍰ ASK What regulations govern offshore banking accounts in France?

In France offshore banking has clear rules to keep things open and stop any shady business. If you live in France and have an offshore account you need to tell the tax people about it.

Banks in France that offer offshore services have to follow rules to prevent money laundering and terrorist financing.

There a French authority called ACPR that watches over banking, including offshore activity, to make sure things stay stable. France also works with international group like the OECD
 

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