24.04.2018
EQS Group AG DE0005494165
EQS Group welcomes EU proposition for whistleblower protection - digital whistleblower systems as an efficient solution
DGAP-Media / 24.04.2018 / 12:35
EQS Group welcomes the new law proposed by the European Commission yesterday
for strengthening whistleblower protection. The submitted proposal will
guarantee a high level of protection for whistleblowers who report breaches
of EU law by setting new, EU-wide standards. Such a proposal becomes
necessary due to the current lack of universal, EU-wide laws for
whistleblower protection.
Among other things, the proposal stipulates that all companies with more
than 50 employees or with an annual turnover of over EUR10 million establish
an internal procedure for handling whistleblowers' reports. This includes
setting up safe communication channels which will maintain strict
confidentiality.
"We fully support the EU's actions regarding whistleblower protection", says
Achim Weick, founder and CEO of EQS Group, an international technology
provider of compliance solutions. EQS Group's portfolio also includes
digital whistleblower systems. "We are convinced that the best way to comply
with the measures proposed by the EU is a digital whistleblower system. Our
solution INTEGRITY LINE already covers most of the proposed measures. And of
course, we will keep developing INTEGRITY LINE according to the latest
requirements", continues Weick.
Digital whistleblower systems are currently in high demand globally and are
increasingly becoming a standard for effective compliance and risk
management. Digital whistleblower systems enable employees, clients and
business partners to report legal infringements anonymously, safely and
without any red tape. This also complies with the EU requirement to allow
reports from outside of an organization. In contrast to telephone hotlines
or ombudsman services, digital systems also provide completely protected
channels for communication with the whistleblower and are applicable in
several languages. Later case processing can also be coordinated efficiently
with the integrated case management.
The new European requirements and the implementation of digital
whistleblower systems will also be discussed at the EQS Compliance Talk on
May 16, 2018 in Munich. To register, please go to: www.go.eqs.com/mai16
Contact:
Alexander Mrohs
+49 (0)89 210 298-420
[email protected]
About EQS Group:
EQS Group is a leading international technology provider for Investor
Relations, Corporate Communications and Compliance. More than 8,000
companies worldwide trust EQS's products and services to securely,
efficiently, and simultaneously fulfil complex national and international
disclosure and compliance requirements, and to reach stakeholders globally.
The EQS COCKPIT, a cloud-based platform, digitally maps the workflows of IR,
Communications and Compliance Officers, communicates with the company's
website, and distributes company releases via one of the most important
global newswires. With additional products such as websites, IR tools,
digital reports, and webcasting solutions, EQS Group is a digital single
source provider.
EQS Group was founded in Munich, Germany in 2000 and has developed from a
start-up to an international group with offices in the world's key financial
markets. The group employs around 400 professionals globally.
End of Media Release
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Issuer: EQS Group AG
Key word(s): Enterprise
24.04.2018 Dissemination of a Press Release, transmitted by DGAP - a service
of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: EQS Group AG
Karlstr. 47
80333 Munich
Germany
Phone: +49(0)89 210298-0
Fax: +49(0)89 210298-49
E-mail: [email protected]
Internet: www.eqs.com
ISIN: DE0005494165
WKN: 549416
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf,
Frankfurt (Scale), Munich (m:access), Stuttgart, Tradegate
Exchange
End of News DGAP Media
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