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ARTICLE · 06 MARCH 2023

The Clock Is Ticking For SME's And Their Internal Reporting Channels

You are a producer of pralines. You started out small, but today your company has over 150 employees.

BelgiumEmployment and HR

Imagine...

You are a producer of pralines. You started out small, but today your company has over 150 employees. Right from the start you did everything you could to promote a compliance culture within your company. You find it imperative to always deal correctly with your commercial partners and to strictly comply with all applicable laws.

You hear that Europe has adopted legislation establishing reporting channels for legal infringements. At your initiative, you had already set up such a reporting channel within your company a few years ago. Employees who identify or suspect abusive practices can always report this to their superior, who will arrange for the necessary follow-up. You are pleased to hear that you were ahead of your time. Or perhaps not? According to your legal department, there is still a good deal of work left to do. But if so, why? And what remains to be done?

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