A summary of the key requirements and relationships between a Whistleblower, Undertaking and a Competent Authority as set out within the Whistleblower EU directive.
The European Union (EU) has formally adopted new rules on whistleblower protection - a game-changing piece of legislation that will help protect persons reporting on incidents (“whistleblowers”) across Europe. It is the first time that the EU has a dedicated legislation in this area.
Federal Council puts FinSA and FinIA - together with the final ordinances FinSO and FinIO - into force: what are the major changes in FinSO?
The parliament already passed the Financial Services Act (FinSA) and the Financial Institutions Act (FinIA) in summer 2018. As planned, at its meeting of 6 November 2019 the Federal Council put FinSA and FinIA, together with the final ordinances into force with effect from 1 January 2020.