Law 4990/2022 brought the EU Whistleblower Directive into Greek law. Companies with 50 or more employees, firms in financial services of any size, and public bodies must give people a safe way to report breaches and must appoint a person to receive and follow up the reports. We put that system in place.
Many frauds and serious breaches are first noticed by people inside the company. A channel staff trust brings those problems to management early, while they are still small and easier to fix.
Whistleblowing work is led by Michalis G. Pouspourikas, CFE, CICA, CCS, MSc, Head of Corporate Governance Services.
Private companies with 50 or more employees, firms in financial services or covered by anti-money laundering rules regardless of size, and public bodies. Private companies with 50 to 249 employees had to set up their internal reporting channel by 17 December 2023.
The ΥΠΠΑ, the officer responsible for receiving and following up reports, is the person who receives reports, confirms receipt, follows them up and keeps them confidential. They must act with integrity, objectivity and impartiality, and step aside when they have a conflict of interest.
Under the EU Directive the law is based on, receipt must be acknowledged within seven days and the person who reported must get feedback within three months.
Then the law already applies to you. Let us check what you have in place.
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