Jones Day Compliance White Paper
Companies in France Need a Global and Consistent Culture to Face Unprecedented Regulatory Scrutiny
France's Sapin II Law, the nation's first regulation requiring companies of a certain size to implement anticorruption programs, has introduced a compliance culture that far surpasses corruption-related matters.
Beyond the implementation of an anticorruption program, companies doing business in France need to create and implement compliance programs and related internal procedures in a growing number of regulatory areas in order to meet regulatory requirements and to protect their reputation. In light of the multiplication of areas where compliance programs are needed, companies should establish a global and coordinated approach, taking their cue from the framework set by the Sapin II Law.
This Jones Day White Paper provides an overview of each of the various areas that may apply to your particular company and that should be included in a global and consistent compliance approach.