Insights & Publications
Diversity, Equity & Inclusion
© 2024 Debevoise & Plimpton LLP
Back to Top
French Criminal Court Imposes Blockbuster Fine for Tax Fraud Related Offences
21 February 2019
View Debevoise Update
Paris criminal court imposed a €3.7 billion fine on a bank for illegal solicitation of financial services and aggravated laundering of the proceeds of tax fraud.
This largest-ever fine imposed by a French criminal court constitutes the biggest victory for the French National Financial Prosecutor’s office.
Given the magnitude of the fines, companies may now be more likely to consider French-style DPAs.
White Collar & Regulatory Defense
Regional & Other Practices
Tax in Europe
White Collar & Regulatory Defense in Europe
Antoine F. Kirry
Frederick T. Davis
Aymeric D. Dumoulin
UK Modern Slavery Act Transparency Statement
Debevoise Login (2)
Debevoise Women's Review