NAVEX Global (JD Supra European Union)
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EU Drives a New Approach to Supply Chain Sustainability
In a recent vote, the EU Parliament backed a legislative initiative paving the way for a new EU directive on Corporate Due Diligence and Corporate Accountability. As part of this initiative, lawmakers called for the urgent adoption of an EU-wide regulation that will require companies to identify, address and remedy the environmental, social and governance (ESG) risks in their supply chains. A new
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EU Conflict Minerals Regulation: What You Need to Know
On January 1, 2021, the Conflict Minerals Regulation (EU Regulation 2017/821) came into full force across the EU. This new law aims to ensure that importers of certain materials originating from conflict-affected and high-risk areas source these materials responsibly by laying down supply chain due diligence obligations.
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EU Whistleblower Directive: 2021 Deadline Looms For Large-Sized Companies
Almost one year after its adoption by the European Parliament, more than half of the EU’s 27 Member States have started transposing the EU Whistleblower Protection Directive into national law. Now, little over 14 months remain until the transposition deadline leaving the clock ticking loudly not just for lawmakers, but also for the organisations that will be required to follow the new rules.
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Compliance in Era of EU’s New Anti-Competition Climate
Later this fall something unprecedented will happen at the European Union: Margrethe Vestager will begin a second five-year term as the EU competition commissioner.
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EU Commission Approves New Whistleblower Protections
It appears we are at the beginning of a European Union (EU) perspective shift on whistleblowing. After almost a year in the proposal process, lengthy negotiations, and a final vote on Tuesday, April 16, the EU Commission approved a single, heightened standard for whistleblower protection across all of its 28 member countries. As stated in the Commission’s official announcement, the new rules are
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Whistleblower, Hacker, or Both? How the Rui Pinto Case Can Be Applied to Corporate Compliance Officers
Do the ends justify the means? It’s a question at the heart of many ethical dilemmas – and one that can certainly be applied to the case of Portuguese national Rui Pinto.
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Germany & Spain Respond to GDPR with Guidance on Anonymous Whistleblower Reporting
Two of Europe’s largest economies are embracing anonymous whistleblower reporting for the first time – triggering organizations operating in those countries to review and evaluate their internal reporting and investigations.
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First GDPR Enforcement Action Didn’t Even Involve a Data Breach
Compliance officers recently got their first look at an enforcement action under the EU General Data Protection Regulation — and in a somewhat surprising turn of events, the offense in question didn’t involve a data breach.
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Learning the Basics on GDPR’s Right to Be Forgotten
Now that the European Union’s General Data Protection Regulation is nearly here, it’s time for ethics and compliance officers to panic more efficiently about all the challenges that lie ahead.
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GDPR Requirements Force a Privacy Reboot Everywhere, Especially in Legal
There’s this thing called the General Data Protection Regulation or GDPR. Perhaps you’ve heard of it? Few regulatory changes have inspired more anxiety or frenzied activity than the EU’s new privacy rules. Scheduled to go into effect this May – only about four months from now – the rules require just about any company that does business with European consumers to institute a laundry list of...
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Defining the GDPR’s Data Protection Officer Requirement
The European Union’s sweeping new General Data Protection Regulation goes into effect six months from now. Most ethics and compliance officers in the United States already know that, and most are responding with some degree of concern or alarm.
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The First Step to GDPR Compliance Is Reintroducing Yourself to the Individual
The European Union’s looming new General Data Protection Regulation will be one of the biggest GRC issues companies face in 2018. Its extraterritorial reach is sweeping, potential penalties are high, and conceivable implications on business processes profound.
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2017 EMEA & APAC Culture and Compliance Benchmark Report - Data And Insights To Put To Work In Your Programme Today
NAVEX Global partnered with an independent research agency to investigate how companies headquartered across Europe, Middle East and Africa (EMEA) and Asia Pacific (APAC) develop and execute their ethics and compliance (E&C) programmes. The purpose of the survey is to provide the industry with data on an overlooked area of research: benchmarking the top priorities and challenges faced by...
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New Compliance Regulations for France and Italy Demonstrate the Growing Convergence of Anti-Corruption and Whistleblowing Standards in Europe
A piece of major compliance legislation has just been passed in Europe: the long-awaited French anti-corruption and whistleblower protection law, Sapin II, which brings French anti-corruption standards in line with those of the UK and the U.S. At the same time, in Italy, an updated piece of whistleblowing legislation for both the public and private sectors is under discussion in the Italian...
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5 Useful Resources on the New EU General Data Protection Regulation (GDPR)
Data privacy lawyers and officers around the world are working to assess the implications of and implement (before May 25, 2018) the requirements contained within the recently passed General Data Protection Regulation (GDPR). As one might expect, the requirements, scattered throughout the nearly 300 pages of the GDPR and introductory notes, are many and not entirely straightforward.
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Top Three Findings from our 2016 EMEA & APAC Hotline Benchmark Report
Benchmarking your organisation’s data against your peers across EMEA & APAC provides critical insights into the health of your ethics and compliance programmes. Our new report gives the most comprehensive picture of whistleblowing hotline and reporting systems and their effectiveness in EMEA & APAC.
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NAVEX Global’s 2015 Europe, Middle East, Africa and Asia Pacific State of Compliance Programmes Benchmark Report
In 2015, NAVEX Global partnered with an independent research agency to survey ethics and compliance professionals with responsibility for administering training across their organizations. The goal was to determine their top priorities and challenges. The findings represent responses from 677 individuals responsible for ethics and compliance programs (see respondent profile in the next section...
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Preview NAVEX Global’s New EMEA & APAC Ethics & Compliance Benchmark Report Findings
How how are organisations in Europe, the Middle East, Africa (EMEA) and Asia Pacific (APAC) developing and executing ethics and compliance programmes? In our latest benchmark report, nearly 250 ethics and compliance officers whose companies are headquartered in EMEA and APAC share their opportunities and challenges.
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New International Standard, ISO 19600:2014, Makes Few Headlines But May Have Huge Impact
Those of us working in the ethics and compliance field know that there is no shortage of guidance on best practices for establishing and maintaining an ethics and compliance program. In the U.S., the Federal Sentencing Guidelines as well as numerous industry-specific guidelines have helped establish common standards. Internationally, since the OECD Guidance of 2010, there have been several...
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Insights from the E.U.—Creating and Sustaining a Strong Organisational Culture
Earlier this month I had the opportunity to moderate three roundtables across Europe—in Copenhagen, Paris and London—where more than 30 leading ethics and compliance executives discussed their challenges and opportunities around creating a strong organisational "speak-up" culture.
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Creating a Speak-Up Culture in the E.U.: Five Key Challenges Compliance Professionals Are Tackling
This autumn, I moderated two roundtables—one in Stockholm and one in Geneva—on the challenges of creating a speak-up culture. With nearly two dozen senior ethics and compliance professionals in attendance, it made for a very interesting dialogue, shedding light on the challenges that employers are facing in the E.U. and across the globe. Below are a few of the most frequently-discussed...
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Reflecting on the E.U. Ethics & Compliance Landscape: One Year After Opening Our U.K. Office
The growing shift in the E.U. away from piecemeal ethics and compliance programme components and towards a more comprehensive approach is an important and exciting evolution to witness.
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Know What You Don’t Know: New EU AML Directive Requires Stringent Third Party & Customer Due Diligence
Over the past couple of years, the European Commission has been working on updating its nine-year-old Third EU Anti-Money Laundering (AML) Directive to accommodate new international standards and to address previous shortcomings.
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EU Institutions: More Talk Than Action On Anti-Corruption Efforts?
Last month, anti-corruption watchdog Transparency International released its first-ever corruption and integrity risks report. Titled “EU Integrity System (EUIS) Report” the report focused specifically on EU institutions, which include European Parliament, European Council, Council of the EU and the European Commission—the governing bodies of the EU.