An Echo To Whistleblowing Under Sarbanes-Oxley

Law360, New York (April 21, 2009, 12:00 AM EDT) -- On Dec. 5, 2008, the Austrian Data Protection Commission handed down a decision on the structuring and management of whistleblower hotlines by European affiliates of U.S. companies.

The decision is likely to affect future approvals of whistleblower schemes by the authorities of other EU member states, since it explicitly adopts the key principles developed by the Article 29 Working Party — an independent committee of the data protection officials from the EU Member States — in its Working Paper on “the application of EU data protection...
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