New requirements for managing reports of wrongdoing – whistleblowing regulations
- giorgiafrisenda
- December 1, 2023
- Reading time: 3 min
News Flash No. 40/2023
We would like to inform our valued customers that December 17 is the deadline for private employers who have employed an average of at least 50 employees over the last twelve months, as well as employers who, despite having fewer than 50 employees, are involved in financial services and products, the prevention of money laundering and measures to block the financing of terrorism, transport safety, and environmental protection, as well as employers who adopt organizational models pursuant to Legislative Decree No. 231/2001.
The term "whistleblowing" refers to the reporting of facts and/or illegal acts discovered in the course of one's work by an employee, internal or external collaborator of the company, or other individuals who may have the right to do so. This reporting/denunciation activity is governed by Legislative Decree No. 24 of March 10, 2023, in force since March 30, implementing EU Directive (EU) 2019/1937 of the European Parliament and of the Council of October 23, 2019. This directive contains provisions concerning the protection of persons who report breaches of national regulatory provisions, thus laying down a series of related obligations for all public and private employers.
For companies that have employed, on average, more than 249 employees over the last twelve months, compliance with the new regulations has already begun since July 2023.