LawNews: Belgium introduces whistleblowing scheme for financial institutions

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Belgium introduces whistleblowing scheme for financial institutions

Date:	04/10/2017
Subject:	Financial law
Written by:	Bron: Loyens & Loeff

With the act of 31 July 2017, Belgium has introduced the first whistleblowing scheme in the private sector, in execution of the Market Abuse Regulation of 2014.

The provisions of the Act have entered into force on 1 September 2017. A Royal Decree of 24 September 2017 approves the procedural rules designed by the FSMA to receive whistleblowing reports. These rules will be applied as from 28 September 2017. Read more...

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