Open Ownership’s Post

We need more UAP transparency legislation (with subpoena powers) and better whistleblower protection Anyone who opposes this simple proposal is acting in bad faith.

New programs and policies will make steering clear of enforcement bunkers even more difficult #compliancematters #regulations #internationalbusiness #legalissues

🌐 EU Member States Need to Enhance Whistleblower Protection Laws - Transparency International emphasizes the need for EU member states to strengthen their whistleblower protection laws. - The current legislation may not provide sufficient safeguards for individuals reporting wrongdoing, hindering the effectiveness of whistleblowing systems. - Improved legal frameworks are crucial to encourage whistleblowers and ensure their protection against retaliation. - Transparency International urges states to align their laws with international best practices, fostering a culture of transparency and accountability. For more details, check out the full article. #WhistleblowerProtection #Transparency #EURegulations #SpeakUp #speakupculture #ListenForAChange https://lnkd.in/e4GJ9MCj

Both Australia and New Zealand already have legislation in place to protect consumer rights and ensure customers get a fair go. But new laws coming into effect early next year go much further in those protections — and will require considerable preparation on the part of insurers. Continue reading the full journal article👉 https://ow.ly/8m8I50SJItK #ANZIIFJournal #regulation #insuranceindustry

Now online the “In-House View: Whistleblowing” by Lexology, a guide discussing the key organisational ramifications of the evolving whistleblowing landscape. Guendalina Catti De Gasperi and Edoardo Canali edited the chapter dedicated to Antitrust, State Aid and Consumer Protection. Click here to read: https://lnkd.in/dw3NSSk6 #Whistleblowing #Antitrust #ConsumerProtection #StateAid

The European Commission is seeing an increasing number of leads generated through its whistleblower detection tool, as companies strengthen their compliance efforts. However, leniency applications still remain the Commissions’ main source of work. (paywall) #EuropeanCommission #Competition #Regulation #Enforcement

In part 3 of our DMCC Briefing Series, we look at what future consumer law enforcement could look like for consumer facing businesses and businesses within the regulated sector. Another reminder for businesses to review their practices ahead of the CMA's fining powers coming into force. https://lnkd.in/eqAHiseA

Here is a 2 min video from the Community Associations Institute CEO with the most recent update on the lawsuit that CAI has filed to protect all members from the burdensome and unnecessary requirements of the Corporate Transparency Act: https://lnkd.in/e2Gw7a4W #WeareCAI #CTA #CAIMembers

Acting on detected violations help organizations to avoid being sanctioned for #FailuretoSupervise - the number one cause for large financial regulatory fines. #RegTech supports the enforcement of compliance policies and the discipline of violations by ensuring that responses are consistent, fair and documented. One-Compliance tracks violations, enforcement actions and outcomes. #OneCompliance #CultureofCompliance

The European Commission is seeing an increasing number of leads generated through its whistleblower detection tool, as companies strengthen their compliance efforts. However, leniency applications still remain the Commissions’ main source of work. (paywall) #EuropeanCommission #Competition #Regulation #Enforcement