Leveraging Technology to Empower Employees and Safeguard Business Integrity in the Modern Regulatory Environment
With escalating financial and reputational risks, organizations need solid Compliance and corruption prevention systems. Recent EU legislation, including Law no. 93/2021, Decree Law no. 109 E/2021, and Notice no. 3/2020 of the Bank of Portugal, make it mandatory for entities with 50 or more workers to implement whistleblowing channels. The goal of these channels is to deter, prevent, and detect potential irregularities in various sectors, from public procurement to network and information systems security.
A standout in these channels is IzzySpeak, a product of Viatecla's digital innovation. It operates on the continually audited, secure, and robust Scriptor Server platform. This platform is trusted by major companies both domestically in Portugal and internationally. IzzySpeak provides employees and business partners with a secure, confidential means to report potential transgressions. In doing so, it bolsters corporate integrity, fostering an ethical and transparent corporate environment.
What sets IzzySpeak apart is its optional mediation channel. This feature allows for the involvement of a third-party, such as a law firm or consultancy, to independently validate and analyze each report. The mediation channel guarantees comprehensive, impartial examination of submissions while preserving the anonymity of the informers and protecting them from possible retaliation.
With IzzySpeak's advanced security measures, proactive detection capabilities, and third-party mediation options, organizations have a powerful tool to uphold the highest standards of corporate ethics. IzzySpeak promotes an environment of transparency and trust, representing a significant step forward in the era of rigorous compliance and corruption prevention systems.
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