Michel Beaussier | White & Case LLP International Law Firm, Global Law Practice
Michel Beaussier
Michel Beaussier

Michel Beaussier

Partner, Paris

T +33 1 55 04 15 66

E mbeaussier@whitecase.com

Michel Beaussier has “extensive experience in cross-border money laundering, terrorist financing and corruption matters”.

The Legal 500 2014

Overview

Michel Beaussier is a recognized authority on white-collar crime and banking and financial regulation.

He has 38 years' experience advising major banks and corporations, as well as their top executives and senior management, on criminal investigations carried out by French and foreign regulatory authorities, and on international judicial investigations. He conducts corporate internal investigations for clients and, when necessary, coordinates their defense in multi-jurisdictional proceedings.

Working as the lead partner of the Paris White Collar Crime & Regulatory Practice, he guides clients through complex matters, including fraud risk prevention and reputation risk management. He also has considerable knowledge and experience handling regulatory and compliance issues, particularly in connection with anti-money laundering and anti-terrorist financing within the banking and finance sector.

Michel represents clients across the entire banking community in criminal proceedings related to credit card fraud. He also assists financial institutions in connection with anti-tax fraud and anti-corruption practices. In addition, he advises on the implementation of whistleblowing procedures, in compliance with applicable regulations. Clients have also benefited from his advice in relation to criminal litigation related to employment law infringements, in particular illegal work and moral harassment issues.

Michel represents clients at all stages of criminal proceedings before French criminal courts, and especially before magistrates specializing in economic and financial affairs. He also regularly appears before the French Banking Prudential Supervisory Authority ('Autorité de Contrôle Prudentiel et de Résolution') and the French Financial Markets Authority ('Autorité des Marchés Financiers').

Michel has been a member of the Council of the Paris Bar Association ('Conseil de l'Ordre des Avocats au Barreau de Paris') and the National Council of Bars ('Conseil National des Barreaux'). He has also served as Chairman of the Criminal Commission of the Council of the Paris Bar Association. Prior to joining White & Case, Michel was lead partner at Beaussier & Associés, a specialist white-collar law firm which he also founded.

He regularly lectures on white-collar crime issues and criminal banking law, and has written extensively on anti-money laundering and anti-terrorist financing issues. Michel frequently conducts training at the French National School for Magistrates ('Ecole Nationale de la Magistrature') for judges specializing in financial and economic functions. He is a senior lecturer ('maître de conference') at Sciences-Po Paris, where he teaches banking and financial regulation, and has also taught at HEC and at the University Paris I Panthéon-Sorbonne.

Bars and Courts

  • Paris Bar

Education

  • MA and BA, Law, University of Rouen

Languages

  • French
  • English

Experience

Criminal defence of the former CEO of a French public entity (Bygmalion case), 2014 – ongoing

Michel is representing a renowned public figure and former CEO of the French public service television company, who is accused of favouritism and allegations of unlawfully awarding contracts.

OFAC investigations, 2013 – ongoing

Michel is assisting a leading financial institution and employees of another financial institution in connection with investigations conducted by the USOffice of Foreign Assets Control, concerning US dollar transactions subject to economic sanctions under US law.

French Customs authorities' investigations, 2013 – ongoing

Michel is assisting a financial institution from Luxembourg in regulatory proceedings initiated by French customs authorities for alleged illegal bank transactions in France, and aggravated money laundering as a result of direct selling of banking and financial products in France.

SICCFIN regulatory proceedings (Monaco), 2012 – ongoing

Michel is advising a financial institution and its senior management in proceedings initiated by SICCFIN, Monaco's national central authority responsible for collecting, analysing and disseminating information related to the fight against money laundering, terrorist financing and corruption.

BOR investigations, 2011 – ongoing

Michel is assisting a leading financial institution and coordinating its defence in connection with investigations by, the ACPR, the European Commission, the Swiss COMCO, the US Department of Justice, the US CFTC, the UK FCA, the UK Serious Fraud Office and the Monetary Authority of Singapore (MAS) relating to the setting of LIBOR, EURIBOR and SIBOR.

Real estate and finance fraud, 2011 – ongoing

Michel is representing a number of leading financial institutions in criminal proceedings arising from a real estate and finance fraud by a real estate developer, with more than a thousand victims (one billion euros in damages), through sales of overestimated property in the South of France.

Tax fraud and money laundering investigations on real estate property transactions, 2011 – ongoing

Michel is assisting executives of a French company which specializes in office development, in criminal proceedings initiated for tax fraud and money-laundering, relating to real estate property transactions carried out by Luxembourg companies in France.

Defence of a leading European aircraft manufacturer, 2010 – ongoing

Michel is advising a leading European aircraft manufacturer regarding criminal proceedings initiated by the Paris courts for manslaughter, in the course of a criminal investigation related to an aircraft crash.

ACPR regulatory proceedings, 2010 – ongoing

Michel is advising and representing a financial institution and its senior management in proceedings before the French Banking Prudential Supervisory Authority (ACPR) and the French administrative courts, for non–compliance with anti–money laundering rules. This case led to the partial cancellation of French regulations relating to proceedings before the ACPR.

Insider trading proceedings, 2008 – ongoing

Michel is advising the Head of Operations of a globally–renowned aerospace company with substantial operations in France, before the French market regulator (AMF) and the French criminal authorities, in connection with alleged insider trading transactions.

Aggravated money–laundering criminal investigations, 2008 – 2014

Michel assisted a financial institution in criminal proceedings initiated in France for aggravated money laundering, relating to moneys received as guarantees for a loan, which would have been granted on the basis of the proceeds of the sale of stolen Art Deco furniture. Michel also coordinated his client's defence in civil proceedings initiated in Gibraltar.

Criminal defence in relation with takeover bid, 2012

Michel assisted a financial institution and one of its executives prosecuted for aiding and abetting in the dissemination of misleading information, relating to a proposed public exchange offer filed by a major construction company for a competitor's shares.

Extradition proceedings against the CEO of a bank, 2010

Michel assisted the Chief Executive Officer of a bank, who was arrested in a European Union country and extradited to the United States, in the context of an international arrest warrant issued for breach of American regulatory banking laws.

Financial communications on subprime crisis, 2008–2009

Michel assisted a leading financial institution in regulatory proceedings initiated by the French Financial Authority (AMF) concerning its financial communications on the subprime loans crisis.

Publications

  • Attorneys and the fight against money laundering and terrorism financing in France, Published in the Reference Book "Lamy Profession Avocats", 2014
  • Money laundering and terrorism financing: Analysis and practical implementation of the Third EU Directive, 2010, (co-author, with Henri Quintard, Head of Financial Security for BNP Paribas)

Awards & Recognition

Recommended Lawyer: White-Collar Crime – France, The Legal 500, 2014

The Legal 500, 2014

"Michel Beaussier heads the [financial litigation] team, which routinely represents leading French banks in highly sensitive matters including domestic class actions and multi-jurisdictional cases"

Knight of the National Order of the Legion of Honour