E.U.'s Proposed Directive and CFSP Expansion to Strengthen Anti-Corruption and Sanctions Regimes

On May 3, 2023, the European Commission proposed a new directive to harmonize corruption offenses, sanctions, related prevention, and enforcement. If adopted by the European Parliament and Council, the proposed directive would significantly unify and tighten anti-corruption rules across the European Union and refine criminality around commercial bribery. The Commission also included support for an expansion of the Common Foreign and Security Policy sanctions regime to target serious acts of corruption worldwide. Several lawyers spoke to the Anti-Corruption Report about the practical implications of the proposed directive and what it may mean for companies operating in Member States. See “Structure and Operations of the New European Public Prosecutor’s Office”  (Feb. 2, 2022).

To read the full article

Continue reading your article with an ACR subscription.