Hollande and Sarkozy agreed Monday on May 15 as the date of the transfer of power in France.

WSJ: Next Up: Franco-German Clash of Europe Ideals

Prior to the DRA, the penalty period began on the date of the asset transfer.

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All sides were keen for the matter to be settled ahead of a proposed court date on 22 August and the closure of the transfer window at the end of the month.

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It had allowed users to open accounts and transfer money, only requiring them to provide a name, date of birth and an email address.

BBC: Liberty Reserve