The French government has now implemented in the domestic tax law various provisions from the Directive (EU) 2018/843 of the European Parliament and of the council of 30 May 2018 amending Directive (EU) 2015/849 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing.

As a consequence, French tax code regarding Trustee’s filling obligations (art. 1649 AB) has been modified.