*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. On October 18, 2017, the AMF adopted a settlement decision that marks a break in its approach to compliance programme
CASE COMMENTS: PROCEDURES – FRANCE – COMPLIANCE PROGRAMS – COMMITMENTS – COMMUNICATION ON THE CALCULATION OF FINES
Commitments: The French Competition Authority revokes de facto (just before its official revocation in a subsequent communication) the principle according to which commitments consisting in enforcement of a compliance program justify, subject to conditions, a reduction of the fine (Sector for resilient and textile floorings)
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