Maintained by the French Treasury, the Registre de Gels holds France’s autonomous sanctions. Under Article L. 561-2 of France’s Monetary and Financial Code, persons subject to the fight against money laundering and the financing of terrorism are required to immediately implement the asset freezes pronounced by France. In addition, European regulations freezing assets on an autonomous basis in the EU or resulting from United Nations resolutions are applicable by all natural and legal persons.
In order to allow professionals subject to AML-CFT and the operators concerned to meet these freezing obligations, a national register of persons and entities subject to a freezing measure is established, in application of article R.562-2 of the Monetary and Financial Code. This register lists all the persons, entities and vessels affected by asset freezing measures in force on French territory, in application of national, European and international (UN) provisions.