Subsection 3: Identification of accounts in Saint-Barthélemy, Saint-Martin and Saint-Pierre-et-Miquelon

The Institut d’émission des départements d’outre-mer is responsible for centralising the declarations mentioned in Article R. 721-11, for the sole purpose of carrying out the tasks assigned to it by Articles L. 721-14, R. 721-4, R. 721-8 and R. 721-9.

The declarations referred to in Article R. 721-5 shall specify, for the purpose of identifying the account and safe-deposit box holders:1° For natural persons, their surname, first names, date and place of birth, marital status and address, their spouse’s surname, first names and identification number in the case of sole proprietors;By way of derogation from the previous paragraph, for bank accounts exclusively dedicated to a professional activity to which assets…

The declarations referred to in Article R. 721-5 shall specify, for the purpose of identifying the accounts:1° The name, address and identification codes of the institution managing the account or safe-deposit box (institution code, counter code);2° The description of the account: customer’s International Bank Account Number (IBAN), type and characteristics;3° The date and nature of the transaction declared: opening, closing or modification, specifying whether the transaction affects the account itself…

In order to identify all the accounts held in Saint-Barthélemy, Saint-Martin and Saint-Pierre-et-Miquelon by the persons mentioned in the first paragraph of Article L. 131-72 and the second paragraph of Article L. 163-6, the Institut d’émission des départements d’outre-mer will consult the declarations mentioned in Article R. 721-11.

As part of the task set out in the first paragraph of Article R. 721-4, the Institut d’émission des départements d’outre-mer (French overseas departments note-issuing bank) provides the credit institutions concerned with all the information gathered pursuant to Articles L. 131-73 and L. 163-6, no later than the second business day following receipt of the information sent by the Banque de France pursuant to the fourth paragraph of Article L….

The Institut d’émission des départements d’outre-mer carries out the tasks entrusted to it by Article L. 312-1 on behalf of the Banque de France and under its authority.