Denis Ranque, Chairman of the Board of Directors of Airbus, said: “The agreements we have reached today address the issue of unacceptable business practices of the past. Strengthening our compliance programs at Airbus aims to ensure that such a mistake cannot happen again. The agreements also reflect the fact that the decision to report voluntarily and cooperate with the authorities was the right one. The commitment of the office and its Ethics and Compliance Committee to fully support the review and implementation of globally recognized compliance standards paved the way for today`s agreements. “The agreements approved today with the French, British and American authorities are a very important milestone for us that allows Airbus to move forward and continue to grow in a sustainable and responsible manner,” added Guillaume Faury, Airbus Chief Executive Officer. The lessons learned allow Airbus to position itself as the reliable and trustworthy partner we want to be. » Notification and approval. In agreement with a lawyer, companies may wish to check their privacy notices and consent forms to ensure they are appropriate under the new law. In particular, “explicit information” and “affirmative consent” requirements may require companies to more accurately describe the types of data the company can collect from employees. Companies may also be required to state more explicitly that the data collected can be used to encourage the company`s compliance investigations and, if the company justifies it, be passed on to law enforcement and supervisory authorities, both domestic and foreign. Trust in employees` implied consent – their continued use of the company`s computer equipment, the publication of relevant information in staff manuals, etc.
– may no longer suffice. The pioneering agreement is the first simultaneous solution with the French, British and US authorities Corporate Crime Analysis: Southwark Crown Court has approved a Deferred Prosecution Agreement (DPA), which obliges the defendant aircraft manufacturer (Airbus SE) to pay a total financial penalty of €983,974,311 to the plaintiff Serious Fraud Office (SFO) after being allowed to pay, in accordance with section 7 of the Bribery Act 2010 (BA 2010) for failing to with related persons has been charged with corruption in five cases. Third to ensure the purchase of its aircraft.. . . .