How prepared is your organization for the new whistleblowing regime?
The European Whistleblowing Directive (EU WBD) was to be implemented by the European Union’s 27 member states by no later than 17 December 2021, impacting employers with operations in those jurisdictions. Member states are still passing their implementing legislation, meaning employers are facing a period of intense activity as they adapt to changes in legislation across the region.
About the EU WBD
The EU WBD is intended to encourage reporting of unlawful conduct through the protection of employees and workers who report about certain breaches of European Union law.
The EU WBD sets out a framework for internal and external reporting, with strict timeframes for the provision of feedback to whistleblowers and robust anti-retaliation provisions.
What this means for employers
They may also wish to factor in broader global considerations to ensure consistency of approach worldwide. In a recent I&D survey which we conducted, 78% of organizations surveyed stated that creating a “speak up” culture is a top I&D priority. Investing in whistleblowing systems and appropriate training across all operations will help cultivate such a culture.
Particular areas to consider include the following:
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