Finland money

Finland again postpones implementation of EU whistleblower directive –

Finland has postponed for a second time the adoption of the law implementing the European directive on whistleblowers, the Ministry of Justice informed on Friday.

The directive aims to protect those who report breaches of the law, such as tax evasion, money laundering or offenses related to public procurement, product and transport safety, environmental protection, public health and consumer and data protection.

Companies with more than 50 employees, public sector institutions, authorities and municipalities with 10,000 or more inhabitants are required to set up internal reporting channels. False accusations can result in fines for the whistleblower.

The deadline for implementing the directive in member states has been set for 17 December 2021, a deadline missed by most member states. However, in the months that followed, many transposed the directive into local law.

A week before the deadline expired, the Finnish Ministry of Justice issued a statement indicating that the implementation of the legislation would be delayed due to the requirements of the directive and the many comments made on the proposal.

Now the implementation has been postponed for a second time.

The directive is a budget law and “cannot be introduced until the other big budget laws have been submitted to parliament”, said Juha Keränen, ministerial adviser at the Ministry of Justice. Finnish Broadcasting Company.

According to him, the amended proposal will be sent to parliament at the end of September.