On 12 March 2019, the European Parliament and EU Member States reached a provisional agreement on new rules to guarantee EU-wide standards of protection for whistleblowers that report breaches of EU law.
The protection mechanism has to include:
- Clear reporting channels
- A three tier reporting system
- Feedback obligations for authorities and companies
- Prevention of retaliation and effective protection
The provisional agreement now has to be formally approved by both the European Parliament and the Council.
Ralf Peschek and Roland Marko, both lawyers at Wolf Theiss, held a business breakfast to discuss this new EU Directive. You can find more information here.