The French Law on the Corporate Duty of Vigilance (the "Law") has attracted the attention of a number of stakeholders, both in France and abroad. With its unique set of penalties, it stands out from other foreign laws that address similar issues but are often viewed as less stringent.
It is nevertheless often a challenge to gain a full grasp of the Law's complex underlying issues while also translating civil law concepts into English for an audience composed of both common law and civil law lawyers. The chart below aims to capture the key provisions of the Law in English.
This chart capitalises on Herbert Smith Freehills' robust expertise in business and human rights built over the past decade, alongside the expertise of its global Business and Human Rights practice comprising lawyers from various legal traditions. Members of the practice in Paris have been working extensively in relation to the Law and have advised several clients on this subject.
FRENCH LAW ON THE CORPORATE DUTY OF VIGILANCE
LAW Nº 2017-399, 27 MARCH 2017