Victoire Chatelin and Stéphane Bonifassi share with The FCPA Blog there analysis on how France finally has a mechanism for corporate corruption settlements. Now the fine-tuning should start.
The French government enacted the law commonly known as Loi Sapin II, paving the way for out-of-court settlements, on December 9, 2016. And the French Ministry of Justice issued regulatory guidelines on the subject on January 31 this year.
To date, only four corporate criminal settlements have been signed in France. The most recent, concluded in June with Société Générale S.A. in coordination with the U.S. DOJ, was about international bribes paid to foreign officials. Read more
FCPA Blog, News and commentary about white-collar crime, enforcement, and compliance – Wednesday, September 19, 2018