HFW Briefing – Judicial Public Interest Agreement and Liability Insurance

Insurance and Reinsurance, Legal — By on February 6, 2017 at 3:23 PM

Judicial Public Interest Agreement (Convention judiciaire d’intérêt public – CJIP) and Liability Insurance: the impact of the Sapin II Law on D&O insurers and policyholders

The French legislator acted on stem criticism of its failure to fight against corruption by adopting the Sapin II Law, enacted on 9 December 2016. This sets out an innovative criminal sanction, the ‘compliance programme’, and introduces the Judicial Public Interest Agreement into France’s punitive system.

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