November 8, 2016
France adopted new anti-corruption legislation on Tuesday which will for the first time enable companies to strike negotiated financial settlements with magistrates, in line with practice in the United States and Britain.
The measure approved by the lower house of parliament comes after France has been criticized by international organizations for failing to ever convict a French firm for bribery abroad. French firms including Alstom or Total have however been fined in corruption cases in the United States.