A. Introduction

A regulatory obligation

The FNC-RF (Fichier National des Comptes bancaires signalés pour Risque de Fraude) is a regulatory initiative introduced under the French law of November 6, 2025 (known as Loi Labaronne).

This regulation amends the French Monetary and Financial Code (article L521-6-1) and establishes a mandatory framework for payment service providers (PSPs) to share fraud-related information.

The objective:

• improve fraud detection at ecosystem level
• reduce the time between fraud detection and prevention
• enable collective intelligence across PSPs

PSPs are required to:

• declare fraud events involving suspicious accounts
• qualify accounts when they are the account holder PSP
• consume and use shared data to strengthen their own controls

Major dates for the FNC-RF scheme

The law specifies that obligations apply 6 months after promulgation, hence the May 2026 timeline.

Scope of the perimeter

The FNC-RF applies to PSPs:

• established in France, or
• operating in France (established in the EU with a passported license)

The following PSP categories are explicitly excluded: