Statistics show the importance of compliance in the financial sector
Let’s explore statistics that illustrate both the challenges and benefits of compliance in the financial sector: Compliance Challenges in the Financial Sector: Cost of Compliance: The overall cost of regulatory compliance in the banking sector can be substantial. According to…
Fighting corporate fraud: Identification and prevention
The fight against corporate fraud involves both identifying and preventing fraudulent practices within an organization. Here are some specific strategies for both areas, to get you thinking, analyzing the feasibility of possible implementation in your organization, and taking action with…
Whistleblowing law: Protecting and empowering employees
Interest in the whistleblowing law and its application in Portugal has been growing and more and more companies have implemented the necessary processes and/or are aware of the requirements, added value and what to do to comply with it –…
European Directive on whistleblowers protection: Know the rules and the implications for businesses
In 2019, the European Union passed a landmark piece of legislation called the Whistleblower Protection Directive, which aims to ensure high levels of safety for people who report violations of law within EU jurisdiction that harm the interests of the…
The importance of having a report channel
A whistleblowing channel is important because it allows people to confidentially or anonymously report problems or misconduct that they have witnessed or of which they are victims. This can include misconduct, corruption, abuse of power, discrimination, among others. In addition,…
Fighting corruption: How a whistleblowing channel can be useful
A whistleblower channel is a valuable tool in fighting corruption, as it allows citizens and employees to report illegal activities anonymously and securely. This can help identify and combat corruption that may be occurring within an organization or even a…
Reports submitted through internal or external reporting channels, or publicly disclosed? What does the RGPDI include?
Did you know that… The new General Whistleblower Protection Regime predicts that reports will be submitted through internal or external whistleblowing channels, or made public? The creation of internal reporting channels is mandatory for private and public sector entities employing…