SAPIN 2 Act: a patchwork of reforms but a clear progress (Part 1)

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The background of the Sapin 2 Act.

More than two decades have passed since the first law known as “Sapin” (which is the name of the minister) on the prevention of corruption and the transparency of economic life and public procurement[1].
The law on transparency, the fight against corruption and the modernization of economic life, renamed “Loi Sapin 2” (the “Act”), was finally adopted on 8 November 2016 by the French parliament. The Act was only published in the French official gazette on December 10th 2016 due to its referral to the French Constitutional Court by the president of the Senate. The key anti-corruption provisions of the Act will come into force on June 1st 2017.