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French Senate drafts law to counter money laundering in luxury sector

By Zélie de Crécy

Published on 26.06.2025 at 05:00 GMT Reading time 4 min

After six months of hearings, the French Senate's commission of inquiry into financial crime has identified several areas of serious criminal activity in the luxury sector and intends to counter them with new legislation.

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France
French Senate drafts law to counter money laundering in luxury sector

After six months of hearings, the French Senate's commission of inquiry into financial crime has identified several areas of serious criminal activity in the luxury sector and intends to counter them with new legislation.

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Read also

France ignores perfumers' calls to protect their creations

Fraudsters pretend to be world jewellery lobby

Senate to vote on tougher probes into fake goods

Golden Triangle banks cool on cash

Jewellers and watchmakers lobby for law against pop-up gold transactions

Dior catches Showroomprivé selling unauthorised items

In Focus
Auction houses rail against regulator

Counterfeiters and money launderers breathe again as France awaits new government

Spotlight
Mammoth cash sales lumber 'presidents' jeweller' Arije with record fines

France's anti-money laundering unit homes in on luxury sector

Court case reveals bundles of banknotes and fake bags in Christofle back room

French government forecasts bleak summer for counterfeiters

French MPs suddenly embrace textile recycling

Counterfeiters
The real-fake Lady Dior bags that could shake up the second-hand market

French Senate scrutinises jewellery sector's money laundering blind spots

Front Row
Luxury 'dupe' king Steve Madden expands in Europe

Spotlight
As French lawmakers wage war on drugs, luxury sector set to suffer casualties

In Focus
Luxury firms' backstage manoeuvring in French state auctions of seized goods

Laundering fears prompt leather goods companies to blacklist customers

Spotlight
Money laundering: French finance ministry puts luxury sector under surveillance

Spotlight
France bids to clean up watch trade in anti-laundering battle

Anti-fraud services and tax authorities target Instagram 'live' luxury sales

Headlines

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Headlines

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About Glitz

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Indigo Publications' websites

About Glitz

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Indigo Publications' websites

Louis Vuitton

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François Pinault

Brigitte Bardot

De Beers

France French Senate drafts law to counter money laundering in luxury sector

After six months of hearings, the French Senate's commission of inquiry into financial crime has identified several areas of serious criminal activity in the luxury sector and intends to counter them with new legislation.

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Read also

France ignores perfumers' calls to protect their creations

Fraudsters pretend to be world jewellery lobby

Senate to vote on tougher probes into fake goods

Golden Triangle banks cool on cash

Jewellers and watchmakers lobby for law against pop-up gold transactions

Dior catches Showroomprivé selling unauthorised items

In Focus Auction houses rail against regulator

Counterfeiters and money launderers breathe again as France awaits new government

Spotlight Mammoth cash sales lumber 'presidents' jeweller' Arije with record fines

France's anti-money laundering unit homes in on luxury sector

Court case reveals bundles of banknotes and fake bags in Christofle back room

French government forecasts bleak summer for counterfeiters

French MPs suddenly embrace textile recycling

Counterfeiters The real-fake Lady Dior bags that could shake up the second-hand market

French Senate scrutinises jewellery sector's money laundering blind spots

Front Row Luxury 'dupe' king Steve Madden expands in Europe

Spotlight As French lawmakers wage war on drugs, luxury sector set to suffer casualties

In Focus Luxury firms' backstage manoeuvring in French state auctions of seized goods

Laundering fears prompt leather goods companies to blacklist customers

Spotlight Money laundering: French finance ministry puts luxury sector under surveillance

Spotlight France bids to clean up watch trade in anti-laundering battle

Anti-fraud services and tax authorities target Instagram 'live' luxury sales

Headlines

Related topics to this article

Headlines

Related topics to this article

About Glitz

Subscription

Glitz on social media

Indigo Publications' websites

France
French Senate drafts law to counter money laundering in luxury sector

In Focus
Auction houses rail against regulator

Spotlight
Mammoth cash sales lumber 'presidents' jeweller' Arije with record fines

Counterfeiters
The real-fake Lady Dior bags that could shake up the second-hand market

Front Row
Luxury 'dupe' king Steve Madden expands in Europe

Spotlight
As French lawmakers wage war on drugs, luxury sector set to suffer casualties

In Focus
Luxury firms' backstage manoeuvring in French state auctions of seized goods

Spotlight
Money laundering: French finance ministry puts luxury sector under surveillance

Spotlight
France bids to clean up watch trade in anti-laundering battle