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France
Second Rolex retailer after Arije falls foul of French anti-money laundering legislation

Reading time 2 min

The French finance ministry has quietly imposed a hefty fine on a Rolex retailer in Paris for failing to exercise due diligence and train its staff in anti-money laundering. This is the second time one of the watchmaker's official dealers in the French capital has been sanctioned in the last three months.

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