France’s anti-corruption law Sapin II imposes a tough regime for the prevention and prosecution of corruption.
It places a binding obligation on corporates to implement robust anti-corruption compliance programmes. Under Sapin II, French companies and groups will be expected to:
- implement an anti-corruption code of conduct
- implement robust anti-corruption systems, controls and procedures
- operate an internal whistleblowing system
- conduct anti-corruption risk assessments taking into account geographic location and industry sector
- conduct due diligence on intermediaries, agents, partners, suppliers and other third parties
- implement accounting controls to ensure accounting systems do not conceal acts of corruption
- offer training programmes for executives and employees most exposed to corruption risks
- impose disciplinary sanctions for any breaches of the company’s anti-corruption procedures
GoodCorporation’s Référentiel Anti-Corruption incorporates the demands of Sapin II. We are working with French companies to test and strengthen their anti-corruption programmes, working across a range of sectors including telecoms, defence, logistics, extractives and agribusiness.