Change Est Nord: Anti-Money Laundering

The financial sector is exposed to the risk of money laundering and terrorist financing. Consequently, it is subject to regulations regarding the prevention of money laundering and terrorist financing (AML/CFT).

Pursuant to Article L. 561-36 of the Monetary and Financial Code (CMF), the Prudential Supervisory Authority (ACP) is the competent authority for supervising the preventive framework for combating money laundering and terrorist financing.

As a manual currency exchange operator, CHANGE EST NORD has established written rules and internal procedures outlining the due diligence measures required to comply with this legislative and regulatory framework for preventing money laundering and combating terrorist financing.