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Prevent reputation crisis Polish companies should intensify efforts to strengthen their internal whistleblowing systems, which increases value for all stakeholders and can prevent reputation crises, according to experts gathered at a seminar held by international law firm Wolf Theiss in Warsaw on November 29, 2017. "Implementing effective whistleblowing systems within a company is not an easy task, but it is really beneficial," said Jacek Michalski, Partner and Head of the Corporate and M&A Practice at Wolf Theiss in Warsaw. "The benefits are obvious, as a proper compliance function helps minimize legal risks and facilitates internal channeling of information, and without doubt is...

Vienna, 10 June 2016 RBS Responsible Business Solutions GmbH, the IT consulting subsidiary of Wolf Theiss, is pleased to announce that international company ANDRITZ has adopted its recently developed whistleblowing system SecuReveal. The highly secure, online-based whistleblowing software supports companies in their implementation of compliance systems. The ANDRITZ-GRUPPE, headquartered in Graz, is one of the world's leading technology companies with more than 24,000 employees in over 250 locations and a revenue of approx. EUR 6 billion. They have been actively using SecuReveal since 9 June. ANDRITZ relies on active compliance management "SecuReveal was convincing for many reasons – from the simple implementation to the...

Roland Marko of Wolf Theiss Vienna has published an article titled "Compliance: Getting Rid of Blind Spots" in CASH, a leading trade magazine in Austria for those in the food retail and branded goods industries. In his contribution, Roland argues for the implementation of compliance programs to identify and avoid compliance violations. This is of real urgency: Roland cites a study conducted in Germany that concludes that retailers and producers of consumer goods are particularly vulnerable to violations such as stock shrinkage and conflicts of interest. You can read the article (in german) online here....