Sponsored briefing: Romanian whistleblowing law and the corporate management of fraud

Liana Iacob and Florentina Frumușanu explore how companies can comply with the new Romanian whistleblowing obligations

The new Romanian Whistleblower Law no. 361/2022 (the ‘Whistleblower Law’) came into force on 22 December 2022, setting forth new obligations for the major employers. The law transposes with a one-year delay the Directive (EU) 2019/1937 of the European Parliament and of the Council of 23 October 2019 on the protection of persons who report breaches of Union law, and its scope is to facilitate whistleblower reports on potential breaches of EU law within private entities, as well as public authorities, institutions or other public entities.

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