Whistleblowing

To safely raise the alarm about irregularities. Employers with more than 249 employees have, according to the new law, an obligation to offer an internal and external whistleblower function for everyone with a "work-related context" to the company.

Whistleblowing means that someone within a business raises the alarm to management about irregularities and malpractices. The new Whistleblower Act and the whistleblower function shall, among other things, protect the whistleblower against reprisals such as dismissal from employment or financial sanctions. The new law affects a wider range of people than the current law does and therefore protects more people than just employees. This means that interns, consultants and shareholders etc. must also be able to use the whistleblower function.

If anyone suspects wrongdoing, violations of law and/or regulations, Presto encourages them to report this as a whistle-blowing matter. However, exceptions apply to classified information.

Some examples of activities or events that Presto considers to be public interest misconduct are: bribery, theft, fraud, accounting crimes, tax crimes and other criminal acts.

Reporting must be done via the whistleblowing reporting channel provided by KPMG:

Link: https://wbreport.amo.kpmg.se/556112-0584
Telephone number: (+46) 77-140 21 13

The new law is based on the EU's Whistleblower Directive 2019/1937. The law means that employers have an obligation to establish an internal and external whistleblower function.