On 20 March 2025, enforcement authorities in the UK, France and Switzerland announced the creation of the International Anti-Corruption Prosecutorial Taskforce. The taskforce is comprised of:
- The UK’s Serious Fraud...more
Ten years after its establishment, France’s National Financial Prosecutor’s Office (Parquet National Financier or PNF) has released its 2024 annual report (Report),1 showcasing a year of consolidation and innovation in the...more
2/20/2025
/ Anti-Corruption ,
Anti-Money Laundering ,
Compliance ,
Corruption ,
Criminal Prosecution ,
Cross-Border Transactions ,
Economic Sanctions ,
Enforcement Actions ,
Financial Crimes ,
Law Enforcement ,
Regulatory Oversight ,
Tax Evasion ,
White Collar Crimes
European Union member states have until 20 May 2025 to transpose into their national legislation EU Directive (EU) 2024/1226 (the Directive), which establishes minimum rules on the definition of criminal offences and...more
11/18/2024
/ Anti-Money Laundering ,
Asset Freeze ,
Corporate Governance ,
Corporate Liability ,
Criminal Prosecution ,
EU ,
EU Directive ,
Financial Services Industry ,
Penalties ,
Regulatory Agenda ,
Sanction Violations ,
Sanctions ,
Trade Restrictions ,
White Collar Crimes
On March 26, 2024, the French Anti-Corruption Agency (AFA) published a guide on how to engage in corporate sponsorship and charitable donation activities while appropriately mitigating corruption risks (the Guide)...more
5/13/2024
/ AFA ,
Anti-Corruption ,
Charitable Donations ,
Cooperation ,
Corporate Misconduct ,
Criminal Prosecution ,
EU ,
France ,
Internal Investigations ,
New Guidance ,
Self-Reporting ,
Sponsorship Agreements ,
UK ,
White Collar Crimes
On January 16, 2023, France’s financial prosecutor, the “Parquet National Financier” (PNF), issued updated guidance (the Guidelines) regarding its approach to offering, negotiating and entering into French deferred...more
2/6/2023
/ Anti-Corruption ,
Anti-Money Laundering ,
Attorney-Client Privilege ,
CJIP ,
Compensation ,
Corporate Crimes ,
Criminal Prosecution ,
Department of Justice (DOJ) ,
Enforcement ,
France ,
Guidance Update ,
Public Statements ,
Reporting Requirements ,
UK ,
White Collar Crimes
In a move that could signal a new phase of government enforcement in France, on November 27, 2017, French authorities published a Convention judiciaire d’intérêt public (CJIP) with HSBC Private Bank Suisse SA (HSBC PB), the...more
12/8/2017
/ Anti-Corruption ,
Banks ,
Client Data ,
Compliance ,
Criminal Prosecution ,
Enforcement Actions ,
Financial Crimes ,
France ,
Guilty Pleas ,
HSBC ,
Personally Identifiable Information ,
Remediation ,
Sapin II ,
Settlement ,
Solicitation ,
Tax Evasion ,
Theft