Description
Introduction
On May 2nd, 2023, Luxembourg's Parliament passed Bill 7945 to implement the EU Directive 2019/1937 into national law. This legislation goes beyond the initial scope of the Directive and was prompted by several cases of whistleblowers, highlighting the need for balanced protection. Protecting individuals who report legal wrongdoing is a crucial component of any organization's internal control or regulatory supervision.
Whistleblower retaliation is seen as unfair by the public, and mishandling such cases can cause significant harm to a firm's reputation. Studies show that employees are more likely to use a whistleblowing mechanism when an effective non-retaliation policy is embedded in a company's corporate values.
What does the EU Whistleblower Protection law mean for your firm, and what steps should you take to ensure that your firm is compliant with the new law?
Programme
The training will offer a detailed overview of the new Whistleblower Protection law, covering:
Which entities are covered by the law?
Who qualifies as a whistleblower, and how are they protected under the law?
What types of wrongdoing are covered by the law?
What impact could the law have on the firm's governance, and what changes might be necessary?
Operational impacts of implementing the law
How to establish an effective whistleblowing system?
Whistleblower procedures for the CSSF and CAA
How to handle cases of whistleblowing involving senior management or the Board of Directors?
Key requirements and principles for an effective whistleblowing policy.
The course will also include interactive workshops to complement the training content.
Prerequisites
No prerequisite is required.
Target audience
The course is mainly for internal control functions, lawyers, Human Resources, Unions, Regulators, Civil servants, and corporate Senior Management.
Conditions
Support de cours
Pour des raisons de respect de l'environnement veuillez noter qu'aucun support papier ne vous sera fourni lors de votre formation. Votre support de cours peut être téléchargé gratuitement avant le début du cours via notre portail client (télécharger ici le guide du portail client). Vous pourrez ainsi le consulter sur l’écran de votre appareil mobile ou l'imprimer en cas de besoin. Si votre inscription a été effectuée par un responsable formation de votre entreprise veuillez le contacter pour qu'il puisse vous y donner accès ou vous l'envoyer.
Exam
No exam is foreseen for this training.
Certificate
At the end of the training, a certificate of attendance will be available either on your client account or on demand to the customer service.
Location
L-1615 Luxembourg
Luxembourg
Sessions and schedules
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