Comments of Deutsches Aktieninstitut on the EU Commission’s Draft Directive on the Protection of Persons reporting breaches of Union law

In its comments on the EU Commission’s Draft Directive, Deutsches Aktieninstitut criticizes the significant imbalances of the Commission’s proposal, which focuses exclusively and one-dimensionally on the protection of the whistleblower while failing to address the protection of legitimate company- and independent third-party interests involved. From the background, that listed companies have developed sophisticated whistleblower protection-systems catering also for the interests of the latter, the need for European legislation is not at all obvious.