Financial transparency

The first obligation is to declare each significant sale within thirty days: date, lot, price, terms. The second is to keep a register of transactions, which keeps all the operator's transactions in an orderly manner. The third is to accept inspections by the national authority and the Observatory.

These obligations are graduated: an occasional operator is subject to a simplified declaration, an approved operator to the full regime.

The data declared feeds the Observatory, which produces the world index, rankings and price analyses. Without it, buyers, insurers and States would be working in the dark. Transparency also reduces the risk of money laundering, by making transactions more readable.

Finally, it protects operators themselves: a well-kept register is valuable evidence in the event of a dispute or inspection.

Transparency is a balance: too little, and the market remains opaque; too much, and players turn to less supervised channels. OIMAP has therefore chosen proportionate obligations, with simplified regimes and strong data protection.

This balance is reviewed at each revision of the directives. The 2025 public consultation will notably address extending the declaration to over-the-counter transactions between private individuals.