Tracfin records a new high in suspicious activity reports in 2025

France’s financial intelligence service Tracfin received a record 278,484 suspicious activity reports in 2025, a 32% increase from the previous record set in 2024.

The financial sector, including banks, credit institutions and crypto-asset service providers, accounted for 93% of the reports. Non-financial professions contributed the remaining 7%, although the number of alerts from that sector rose 38% year on year.

Reporting increased particularly among notaries, up 64%, gambling operators, up 38%, commercial court registries, up 23%, and voluntary-sale operators, up 64%. Tracfin said sports agents, despite being subject to reporting obligations since 2010, again submitted no suspicious activity reports despite increased awareness efforts with the Treasury’s General Directorate.

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The most complex frauds are now often linked to organised crime, with structured networks and the use of specialists in money laundering.

The service seized about 40 million euros through its “short circuit” procedure, an accelerated mechanism that blocks suspicious funds and facilitates their seizure by the courts. Tracfin uses the process against organised crime, including drug trafficking, and targets temporary companies used to move or launder money from fraud or criminal activity.

For the first time in 2025, Tracfin used its power to oppose the movement of crypto-assets and seize funds. Crypto-assets generated twice as many referrals to the courts as in 2024. Tracfin also referred 740 suspected public-finance fraud cases, up 17%, involving nearly 3.2 billion euros. Public Accounts Minister David Amiel said fraud involving public aid had become increasingly sophisticated and industrialised.

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Our national finances themselves are victims of increasingly sophisticated and industrialised public-aid fraud schemes.