Subsection 1: Organisation of the system for combating money laundering and terrorist financing

The persons referred to in Article L. 561-2 shall ensure that the organisation of the system for combating money laundering and terrorist financing referred to in I of Article L. 561-32 is adapted to their size, the nature of their activities and the risks identified by the risk classification referred to in Article L. 561-4-1. This organisation must be equipped with tools and material and human resources to enable the…

The persons referred to in Article L. 561-2 shall ensure that the persons involved in implementing the obligations laid down in this chapter have the appropriate experience, qualifications and hierarchical position to perform their duties. In addition, they shall ensure that these persons receive training appropriate to their duties or activities, their hierarchical position and the risks identified by the risk classification referred to in Article L. 561-4-1 , and…

The persons mentioned in 1° to 7°c of Article L. 561-2 may entrust an external service provider with the performance, in their name and on their behalf, of all or part of the activities relating to the obligations incumbent upon them under this chapter, with the exception of the reporting obligations set out in Article L. 561-15. They shall remain responsible for compliance with their obligations. A contract between the…