As 2023 began, Austria mandated the EU Whistleblowing Directive within its sovereign jurisdiction. Large and medium-sized companies will all be required to establish a whistleblowing system that meets legal requirements for documentation, data protection, whistleblower protection, and confidentiality, which requirements can usually only be satisfied with a professionally developed system working in unison with company personnel.
The new Whistleblower Protection Act posits that it is advantageous for every company if potential whistleblowers are given the riskless opportunity to submit information about inappropriate or questionable behavior to internal reporting offices. Although there are presently no penalties for failing to set up an internal whistleblowing system, without internal reporting systems, there is hardly any legal recourse running counter to the publication of the tip.
The installation and continuing support of these systems should be provided by trained experts, to ensure compliance with the various legal requirements. KNOETZL has overseen the implementation of such processes several times, and will be pleased to support a company looking to efficiently comply, with a system that fits the size of your company. With a trained eye and a sense of discreet day-to-day suitability and efficiency, we pay attention to your cost-effective solution that well meets the bespoke requirements of your business.