That is that forensic and legal support’s costs tipically outweight sanctions.
French-speaking article on the considerations for commercial relations after the enactment of the anti-corruption law (“Sapin II”).
At a first glance, compared to the prior Macro Act (“Loi Macron”), this legal novelties focuses more on payment delay, commercial negotiations between professionals and strengthens both civil and penal sanctions.
Failure to prevent Tax evasion is one of the main emasures introduced and follows the footsteps of the failure to prevent bribery, according to the Bribery Act 2010. Companies could then be liable for wrongdoing(s) of their employees.
There are countries drafting complex legal framework and there are countries appointed rookies to manage the anti-corruption office of one country.
And Australia too is in the club. A recently-enacted federal law extends the categories of employees and the caes upon which protection is granted.
Companies (at least 500 employees and €100+m turnover ) must prevent and detect potential corruption (code of conduct+internal whistleblowing procedure+risk mapping+due diligence procedure+internal/external accounting procedures+anti-corruption training procedures+disciplinary measures+internal oversight and assessment mechanism).
Whistle-blowers must be protected.
This whole confirms (on a French flavour) the global trend to protect whistleblowers and applying a tough fist against corruption codes.
US: Employment contract must include the exception to the confidentiality clause as allowed by the DTSA (“Whistleblowing Immunity”).
Sapin II approche la réglementation française aux standards anglo-saxons et crée des nouveaux délits, peines et des nouveaux moyens de répression (voir la « convention judiciaire d’intérêt public»).
Mais les quelles pouvoirs ont-ils les juges et quelles sont leur responsabilités pénales?
Neanmoins, ces juges peuvent obliger les entreprises de mettre en place un programme de conformité, dont les frais engagés seront à la charge de la société condamnée, pendant 5 années au plus.
Has anyone considered how regulation on corporate crime is gaining momentum? Think of AML, anti-corruption, IT protection and the like.