Investigator's Guide to France

Investigator's Guide to France

Investigator's Guide to France
GIR travelled to Paris to find out how the French investigative landscape has settled after the seismic shift in attitude towards investigations caused by Sapin II, the landmark anti-corruption law that came into force in July 2017.

Other Highlights

France’s Anti-Corruption Authority seeks diplomatic role

France’s new anti-corruption authority wants to position itself as a conciliator between foreign and French prosecutors, as it establishes how it is going to fit in among the country’s other agencies.

French compliance monitorships a “work in progress”

France’s Anti-Corruption Authority says it has started its monitorships of two companies that agreed DPAs with prosecutors in February as it prepares for its biggest assignment yet: monitoring Société Générale.

The media inspired France’s Société Générale bribery investigation

It took several media reports to spark French authorities’ investigation of Société Générale’s Gaddafi-era Libyan bribery scheme, even though the DOJ had been on the case for two years.

Société Générale settlement was a “great relief”, France's top prosecutor says

The head of France’s Public Prosecutor’s Office has hailed the recent US and French foreign bribery settlements with Société Générale as a “breakthrough for international cooperation”.

Monitorship decision in Société Générale Libya settlement “milestone” for US/France cooperation

Parisian lawyers have commended the US Justice Department for not imposing its own monitor on Société Générale and for instead allowing France’s AFA to oversee the bank’s anti-bribery compliance for two years.

French companies should beware risk of DOJ investigations

The deputy head of France’s Anti-Corruption Authority acknowledged the authority’s limited territorial reach but warned French companies that they can often still be pursued by the DOJ.

Vitol decision shakes double jeopardy defence in France

Companies should have no confidence that the principle of double jeopardy will protect them against prosecution in France when they have been sanctioned for the same misconduct outside of Europe, lawyers said in light of a recent decision.

French prosecutors reach first bribery DPAs

Prosecutors from the outskirts of Paris have secured France’s first settlements to resolve bribery allegations, and have also imposed the country’s inaugural compliance monitorships.

French DPAs lack crucial disgorgement tool

US or UK authorities may feel obliged to pursue parallel settlements to make up the perceived difference of French DPA fines, Antoine Kirry and Robin Lööf of Debevoise & Plimpton say.

Magic Circle firm representing Danske Bank in French investigation

After guiding HSBC Private Bank Switzerland to France’s first deferred prosecution agreement, Allen & Overy is representing another foreign financial institution in a French investigation.

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