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Whistleblowing Platfom Services

European Union Parliament and the Council of European Union on 23 October 2019 adopted Directive 2019/1937 on the protection of persons who report breaches of European Union  law also known as the Whistleblower Directive.

Abiding to the directive, in all countries in the European Union companies or organizations with more than 50 employees, as well as almost all government organizations are legally required to establish a whistleblowing system. Such system allows employees, agents, partners and vendors to submit reports of law violations and other serious matters inside the company.

What is a Whistleblowing System

A whistleblowing system is a system through which employees in a company or organization can safely report issues, inadequacies and violations that have occurred or that may be underway. Employees can report incidents in a confidential and anonymous way. The reporting takes place through a secure channel to protect their information and identity.

The system usually is an online solution, either a website or an anonymous mailbox that it is separated from the company's other communication channels. In this way, the anonymity and confidentiality of the employee's information are ensured.

All European countries are obliged to have legislation requiring certain company categories to have a whistleblowing system. In Greece the whistleblower law is law 4990 of November 11th, 2022, in Cyprus the whistleblower law is law 6(1) of February 4th, 2022. Each EU member state has voted its local law in compliance with EU Directive 2019/19378.

Why is a Whistleblowing System Important to your Organization

First off, it is a legal requirement.

Every company with a minimum of 50 employees, and all government organizations within the EU, are obliged by their national laws to establish a whistleblowing system. Companies that provide financial services, companies at risk of money laundering, companies that present an environmental hazard or companies that operate under environmental license are required to establish a whistleblowing system, regardless of size.

Build a culture of trust.

When a company implements a whistleblowing system that is optimally focused on end-user experience and security, she does not only achieve compliance with the new regulations, but also develops a culture of trust in the organization.

Strengthen Social Corporate Responsibility (SCR) footprint.

Implementing a whistleblowing system, it is a core part of  Social Corporate Responsibility strategy. It is a positive sign of transparency to potential employees, existing employees’ growth and the community as a whole.