All France articles – Page 2
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ArticleFrench court upholds Google’s $57M GDPR fine
The top administrative court in France shot down Google’s appeal of a €50 million (U.S. $57 million) fine the tech giant received last year for violations of the EU’s General Data Protection Regulation.
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ArticleAmazon shuttered in France over COVID-19 emergency costs
E-commerce giant Amazon has shut up shop in France because the cost of compliance with the country’s COVID-19 emergency measures is deemed to be too high.
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ArticleAirbus announces resolution of global corruption case
Airbus confirmed it has reached a deal with authorities in the United States, the United Kingdom, and France to resolve long-running allegations of bribery and corruption. The settlement could reportedly be worth billions.
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ArticleFrance Telecom execs jailed over workplace bullying
The ex-chief executive of France Telecom and two other former executives have been jailed for pursuing a cost-cutting policy that was so severe it led to a spate of employee suicides.
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ArticleMorgan Stanley fined $22.2M for manipulating bond prices
France’s financial market regulator has fined Morgan Stanley €20 million (U.S. $22.2 million) for manipulating the price of French and Belgian government bonds in June 2015.
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ArticleGoogle to pay $1B to resolve French tax disputes
Google will pay $1 billion in penalties and back taxes, putting to an end a pair of investigations in France into whether the tech giant properly declared the full extent of its activities in the country.
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BlogE3 moves to circumvent U.S. sanctions on Iran
The E3 has set up a special trade channel designed to allow companies in the European Union to circumvent U.S. sanctions in an effort to continue humanitarian trade with Iran.
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ArticleNew system opens up EU business trade with Iran
The United Kingdom, Germany, and France have created a new payments system to allow European businesses to trade with Iran without falling foul of U.S. sanctions.
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BlogFrench data regulator fines Google under GDPR
France’s data protection regulator recently slapped Google with a substantial €50 million (U.S. $57 million) fine for failing to provide users with clear, accurate, and informative details on its data use policies.
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Blog
Danske Bank provides update on AML probe in France
Danske Bank said it might again become subject to a formal investigation in France, instead of being an assisted witness, in connection with an ongoing investigation into organised money laundering of tax evasion proceeds.
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Article
French telecom execs face trial for moral harassment
Former executives of French telecom firm Orange have been charged under the country’s “moral harassment” law for encouraging an extremely high-pressure business environment, which reportedly led to more than 30 employee suicides.
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ArticleBNP Paribas faces fresh accusations over involvement with Rwandan genocide
Lingering accusations that BNP Paribas processed transactions that helped finance the 1994 Rwandan genocide continue to dog one of France’s largest banks.
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Article
SocGen and Libya bribery settlement
A look at the recent billion-dollar, out-of-court settlement between French banking group Socie´te´ Ge´ne´rale and Libya’s sovereign wealth fund.
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Article
France adopts multinational duty of care law
France has adopted a multinational law that aims to hold companies accountable for rooting out any unacceptable or criminal activity within their supply chains.
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Sapin II aims to challenge France’s culture of corruption
France’s anti-corruption law reflects its growing interest in embracing whistleblowing and getting clear of U.S. FCPA enforcement actions. Rodrigo Amaral reports.
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Fillon and Trump: the nepotism boys
President Trump and France’s would-be President Fillon face nepotism charges, but the playbook for both appears to pretend the rules simply don’t apply. Paul Hodgson reports.
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Article
With Sapin II, is France finally cracking down on corporate crime?
France currently ranks only 23rd out of 168 nations on its efforts to fight corruption, but that may change with the introduction of tough new regulations. Neil Hodge has more.
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BlogFrench compliance with governance code
Paul Hodgson provides a look at the Autorité des marchés financiers’ annual report on corporate governance and executive remuneration, which offers an in-depth analysis of compliance with the French governance code, AFEP-MEDEF.
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Blog
French tax authorities seek €356 million from Booking.com
French tax authorities are seeking €356 million (approximately US$404 million) from Booking.com, a unit of online hotel reservation company Priceline Group, to recover what they claim are unpaid income taxes and value-added taxes, the company disclosed in a quarterly report.
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BlogFrench nay on pay-cut
The controversy over Renault CEO Carlos Ghosn’s (pictured above) 2015 €7.2 million remuneration likely sparked revisions to France’s rules on compensation—including making say-on-pay mandatory and strengthening transparency rules. But so far, says Global Glimpses writer Paul Hodgson, Renault has no plans to change Ghosn’s compensation.
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