Unified rules for increased protection of whistleblowers across the EU by 2021 at the latest
In early October, the Council of the European Union adopted a directive on the protection of persons who report breaches of Union law. Its purpose is to ensure a high level of protection for these persons in a number of sectors, including public procurement, financial services and AML as well as protection of privacy and personal data, both for whistleblowing within organisations and when notifying the public authorities. The directive obliges private and public organisations to establish secure channels for reporting infringements and taking follow-up action. Member States will also have to introduce regulations to prohibit any form of retaliation or attempts in this regard. Since the publication of the Directive in the Official Journal, Member States will have two years for its transposition.