EY: it will be easier and safer to report corruption in companies
It will be simpler and safer to report corruption in companies based on the new legislation based on the European Union directive – the international consulting company EY drew attention in its statement sent to MTI.
It is announced: companies employing at least 250 employees have 60 days from the announcement of the law on April 12 to allow whistleblowers to report violations through an ethics hotline that can even ensure anonymity. Companies employing between 50 and 249 employees have until December 17 to do so.
The announcement explains: Hungarian companies employing at least 50 employees must find a solution so that employees and other stakeholders, including suppliers and subcontractors, can inform the management if they experience corporate abuse, such as human rights violations, fraud, corruption or even suspicion of cartels. The whistleblower must be informed of the status of the internal investigation initiated in the case within three months at the latest.
Related news
GKI Analysis: Without EU funds, the domestic economy would just flounder
On May 1, Hungary marks the 21st anniversary of joining…
Read more >The tourism industry has declined – but it is still one of the best-performing sectors of the economy
The Tourism Business Index (TKI) stood at -6 points in…
Read more >Márton Nagy: the most important task is to boost economic growth
Minister of National Economy Márton Nagy called the most important…
Read more >Related news
GKI Analysis: Without EU funds, the domestic economy would just flounder
On May 1, Hungary marks the 21st anniversary of joining…
Read more >Csökkentette az élelmiszerárakat az árrésstop és az online Árfigyelő bővítése
2025 áprilisában csökkent az infláció és az élelmiszerárak növekedési üteme…
Read more >NGM: we always take action against unjustified price increases, inflation may decrease further in the coming months
The government is successfully fighting price increases. In April, inflation…
Read more >