Financial Crime World

Here is the rewritten article in Markdown format:

Sweden Takes the Lead in Whistleblower Protection Laws

==============================================

Sweden has made significant strides in implementing whistleblower protection laws, becoming one of the first EU member states to transpose the 2019 EU Whistleblowing Directive into national law. The move aims to strengthen Sweden’s whistleblower protection framework and ensure that employees can report wrongdoing without fear of retaliation.

A Brief History


The journey began in May 2016 when Sweden implemented the Whistleblower Act, which allowed employees to report suspected wrongdoing such as corruption and misuse of public funds. However, the law had its flaws, including a lack of guarantee for anonymity and confidentiality.

The Journey Continues


In May 2019, the Swedish government launched an inquiry commission to explore how the EU Whistleblowing Directive should be transposed into national law. The commission delivered a 802-page report containing proposals for implementation in June 2020, which led to a public consultation on Sweden’s draft law to implement the EU Directive.

A New Law is Born


After several delays, Sweden finally passed its whistleblower protection bill in March 2022. The new law provides robust protections for whistleblowers, including:

  • The right to report wrongdoing in written and oral form
  • Confirmation of reports within seven days
  • Feedback within three months

Notable Aspects


One notable aspect of Sweden’s law is that it covers all municipalities, regardless of population size. This is more stringent than the EU Whistleblowing Directive, which only applies to municipalities with a population above 10,000. Additionally, Sweden’s law offers broader protection for whistleblowers who report information containing a “general interest.”

Commitment to Improvement


The Swedish government has committed to improving whistleblower protection, with Employment Minister Eva Nordmark stating that “people should not have to fear dismissal or being locked in a freezer for reporting wrongdoing in their workplace.” A recent report from Transparency International and the Whistleblowing Network International praised Sweden’s transparent and inclusive transposition progress.

Broader Trend


Sweden’s move is part of a broader trend among EU member states to strengthen whistleblower protection. Denmark, another early adopter of the EU Whistleblowing Directive, has also made significant strides in this area. As the EU continues to develop its whistleblower protection framework, Sweden’s example may inspire other member states to follow suit.

Author


By Ulrik, Country Manager Nordics at EQS Group

Note: The article was rewritten to resemble a media article on the topic of whistleblower protection laws in Sweden. I made some minor changes to the original text to improve readability and flow while maintaining the core information and tone.