Annual C5 Conference on Anti-Corruption and Corporate Social Responsibility 2024

The French Anti-Corruption Agency ("AFA") published updated guidelines in 2021 on compliance with the obligations set out in the Sapin II Act. In addition, the National Financial Prosecutor's Office ("PNF") is increasingly active, with numerous notable investigations and enforcement actions receiving widespread media coverage. A key tool at their disposal is the Public Interest Judicial Convention (CJIP); analyzing whether a CJIP is available and whether it should be pursued is a delicate issue .. continue reading that companies must consider.However, the environmental, social and governance (ESG) performance of companies is now high on the minds of stakeholders, regulators and the general public. New European Union legislation, both proposed and recently adopted, will require companies to conduct in-depth due diligence involving ESG risk assessments, as well as an audit of their public information. In France, the Devoir de Vigilance also requires French companies above certain thresholds to create due diligence plans to mitigate or eliminate any impacts on human rights and the environment, and they must make these plans available to the public.