Brussels, 26/07/2001 (Agence Europe) - The European Commission sent a motivated opinion to France, to call on it to revise its penalties system for the non-declaration of payments. The French customs code imposes the requirement to declare all outgoing transfers of money, stock or securities when the amount is equal or above FF 50,000 or equivalent. At the same time, it foresees the confiscation of these transfers if they are not declared, and a fine rising to a quarter of the total...