French parliamentarians are considering landmark anti-corruption laws that would be a considerable breakthrough for those in the fight against corruption. The French Constitutional Council must vote on the legislation within one month, and even if it is ruled invalid there are steps to be taken to keep the legislation alive.
Some of the changes include a French anti-corruption Agency headed by a Magistrate, new law forcing French companies to implement a compliance program, and a National registry of lobbyists. The new legislation also seeks to protect whistleblowers and for sanctions to remain unchanged. For more information on this topic please click here to read the issued Client Alert.