TRACFIN

TRACFIN is the French financial intelligence unit, attached to the Ministry of the Economy. Firms subject to anti-money laundering and counter-terrorist financing rules send it their suspicious activity reports when they spot a potentially illicit transaction. TRACFIN analyses and enriches those reports and can refer cases to prosecutors or to other authorities. It is a French body: every EU member state has its own financial intelligence unit, and the United Kingdom has the UKFIU within the National Crime Agency.