An effective setup for reporting illegal or unethical activities will help you build an ethical corporate culture as well as trust both inside and outside the company.
Czech companies are directly impacted by the strengthening of EU whistleblower protection requirements. Under the current Bill, legal entities in the private and public sectors are required to implement secure internal reporting channels, establish procedures for receiving notifications, ensure the confidentiality of the identities of whistleblowers and set follow-up deadlines. The Bill is based on EU Directive 2019/1937, which states the minimum requirements and is currently in the process of being implemented into Czech legislation.
The draft bill on the protection of whistleblowers has not yet been adopted in the Czech Republic. With regard to the legislative process and the planned effectiveness from 1 July 2023, we expect its approval in the first half of 2023.
A team of professionals from PwC with expertise in Compliance will guide you through the entire process, from gap analysis, through solution design and system implementation to the investigation of the initiatives and allegations received and appropriate identification of corrective measures.
