The Sapin II law (December 2016) is a law framing transparency, anticorruption and modernization of the business practices. It is applied since June 2017 and covers 8 pillars that apply to companies with more than 500 FTE and €100M revenue. It’s authority is managed by the AFA (French Anticorruption Agency).
Becoming Sapin II compliant is a real challenge for medium sized companies. The variety of topics (governance, HR/training, internal communication, internal control, etc.) and the changes it requires in the organization have a strong impact on the operating departments.