Judgment of the Court (Fifth Chamber) of 25 February 2010.#European Commission v French Republic.#Failure of a Member State to fulfil obligations - Directive 2005/60/EC - Money laundering and terrorist financing - Failure to transpose within the prescribed period.#Case C-170/09.

Subject of the case

Re:

Failure of a Member State to fulfil obligations – Failure to take or communicate, within the prescribed period, all the measures necessary to comply with Directive 2005/60/EC of the European Parliament and of the Council of 26 October 2005 on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing (OJ 2005 L 309, p. 15).

Operative part

Operative part

The Court:

1. Declares that, by failing to adopt, within the prescribed period, all the laws, regulations and administrative provisions necessary to comply with Directive 2005/60/EC of the European Parliament and of the Council of 26 October 2005 on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing, the French Republic has failed to fulfil its obligations under that directive;

2. Orders the French Republic to pay the costs.