France steps up monitoring of cash payments to fight 'low-cost terrorism'

March 18, 2015 11:00 AM

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France steps up monitoring of cash payments to fight 'low-cost terrorism'

PARIS (Reuters) - France will step up monitoring of cash payments, withdrawals and small bank accounts to better fight against the financing of terrorism, Finance Minister Michel Sapin said on Wednesday.

Just over two months after Islamist gunmen killed 17 people in attacks against a satirical weekly and a Jewish foodstore in Paris, it is necessary to "fight against the use of cash and anonymity in the French economy", Sapin said.

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