What US Cos. Should Know About EU Whistleblower Reform
By Arian June and Ryan Kusmin (November 6, 2019, 4:03 PM EST) -- Last month, the European Union council of ministers adopted a directive on the protection of persons who report breaches of EU law, or the EU whistleblower directive, which will lead to sweeping new whistleblower protections across the EU, with potential implications for U.S. companies with European operations.
The promulgation of the EU whistleblower directive triggers a two-year period by which each of the EU's 28 member countries (including the U.K., for now) must pass laws implementing the directive.
Although the directive will not go into effect in each EU country until the implementing laws are adopted, U.S. companies with European operations...
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