Challenge of Complying with the EU’s Whistleblower Directive
Historically, whistleblower protections within the European Union have varied considerably. That is set to change with the implementation of the new EU Whistleblower Protection Directive. These new rules, which were formally adopted by the European Parliament on October 7, 2019, give member states two years to implement the protections into their own national laws. This change brings new opportunities as well as challenges to firms operating within the EU; while many companies may have to update or improve their internal reporting policies and procedures, they now have a single, unified standard to meet.