Due to a proliferation of global regulations designed to establish an environment of enhanced compliance in global markets, companies are exposed to a greater degree of compliance risk than ever before. Indeed, as governments seek to address such diverse issues as money laundering, terrorist financing, corruption, competition, human rights abuses, damage to the environment, misuse of personal data, to name but a few, businesses are caught in the cross-hairs.

In addition, the extraterritorial effects of legislation such as the US Foreign Corrupt Practices Act, the UK Bribery Act, the UK Modern Slavery Act, the French Sapin 2 law, among others, tend to have a far-reaching impact on businesses and individuals operating abroad.

In this context, companies that do not follow state of the art compliance practices face a multitude of possible repercussions which are likely to expose not only the companies, but also its executives and employees to civil and criminal lawsuits in France and/or abroad.

Complying with the regulatory framework is therefore an essential requirement for all economic stakeholders as failure to do so constitutes an increasingly dangerous risk, one which must be avoided with care and expertise.