Tracfin: Antoine Magnant appointed head of the financial intelligence service. From April 1, he will replace Alban Genais, who has been acting in the French service since the departure of Guillaume Valette-Valla.
An internal report cited "burn-outs, repeated sick leave" and an “exceptionally high” employee departure and replacement rate. The former director had defended Paris' candidacy to host the future European authority for the fight against money laundering and the financing of terrorism.