FRANCE Law and Practice Contributed by: Sophie Scemla, Didier G Martin, Diane Paillot de Montabert and Calypso Korkikian, Gide Loyrette Nouel
strating proactive risk management and corpo- rate integrity. 2.6 Sectorial Requirements Crisis management in France is regulated by sector-specific compliance requirements to ensure proactive risk mitigation in high-risk industries. In finance and banking, the Monetary and Finan- cial Code and ACPR regulations mandate risk management frameworks, stress tests, and AML controls. The Autorité de Contrôle Prudentiel et de Résolution (ACPR) monitors financial stability and crisis response compliance. In healthcare and pharmaceuticals, the Pub- lic Health Code and ANSM guidelines require crisis prevention measures, drug supply chain monitoring, and pandemic response plans. The Agence Nationale de Sécurité du Médicament (ANSM) ensures compliance with risk assess- ment and emergency preparedness protocols. In critical infrastructure, companies in energy, transport, and telecommunications must com- ply with cybersecurity and environmental risk prevention rules. The Agence Nationale de la Sécurité des Systèmes d’Information (ANSSI) and the CNIL oversees cybersecurity standards to ensure crisis resilience. Regulatory audits and inspections by the ACPR, ANSM, and ANSSI assess compliance, and applies sanctions in case of violations. Com- panies must submit sector-specific risk reports, and notably under the Grenelle II Law, disclose environmental risk mitigation strategies. Corpo- rate leaders in these sectors are responsible for integrating compliance-based crisis manage- ment, including whistle-blower protections and
internal audits. These requirements strengthen governance to ensure effective crisis response. 2.7 Public-Private Co-Operation There is no specific public-private structured co-operation frameworks for crisis prevention. Depending on the type of crisis, different types of public entities may get involved before, during or after the crisis to enhance corporate compli- ance, risk management, and crisis response. For instance, under the Loi Sapin II and AFA guidelines, businesses must implement anti-cor- ruption programmes, co-operate with authori- ties in investigations, and enforce whistle-blower protections. The Duty of Vigilance Law mandates collaboration with stakeholders, including NGOs and regulators, to assess human rights and envi- ronmental risks, and prevent the occurrence of crises. Cybersecurity regulations by the ANS- SI require critical-sector companies (finance, healthcare, and energy) to implement risk man- agement plans and report cyber-incidents. Compliance is monitored through regulatory audits, crisis simulations, and mandatory report- ing on anti-corruption, cybersecurity, and ESG risks. Companies must integrate compliance principles into board-level crisis decisions to align with governance standards. These frame- works reinforce corporate accountability and crisis resilience through regulatory co-operation. 2.8 National Crisis Management Plan France does not have a unified structured gener- al national crisis management framework, even though publicly accessible information show that France can structure a crisis management response when necessary (for instance, during the COVID-19 pandemic). However, several cri- sis management frameworks aim at preventing the occurrence of crises within entities or entire
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