Post by account_disabled on Oct 19, 2023 1:09:32 GMT -5
Do you know the difference between Internal x External Reporting Channel?
The Reporting Channel is one of the main pillars of a Compliance Program.
50% of fraud occurring in companies is discovered through the Reporting Channel.
However, there are still many doubts about which channel your company should choose.
In this article, we will discover the Brother cell phone list differences between the Internal and External Reporting Channel.
What is a reporting channel?
The Reporting Channel is a communication channel that the company adopts to detect fraud, unethical conduct and non-compliance with legislation.
There are several means of contact and the main ones are email, telephone line, website link and WhatsApp.
The main purpose of the Integrity Channel is to encourage employees, customers and suppliers to share information that does not comply with the company's Code of Ethics or that violates legislation.
Know the Difference between External and Internal Reporting Channel
The legal system provides for the importance of guaranteeing anonymity and protecting whistleblowers in good faith for the success of the Reporting Channel.
Article 42, x, Law 8420/15 : “channels for reporting irregularities, open and widely publicized to employees and third parties and mechanisms aimed at protecting whistleblowers in good faith ;
In the case of the internal reporting channel, the whistleblower's anonymity may not be as effective.
Whistleblowers may be unsure about reporting for fear of being identified and suffering some type of retaliation within the company.
As a result, it reflects on the quality of complaints and the performance of the Reporting Channel
For this reason, External Channels receive 6x more complaints than internal Reporting Channels.
Furthermore, External Reporting Channels provide greater credibility with suppliers, customers, supervisory bodies and other stakeholders.
Society and the market have passed over companies that value transparency and ethics as a way of mitigating their risks.
The Reporting Channel is one of the main pillars of a Compliance Program.
50% of fraud occurring in companies is discovered through the Reporting Channel.
However, there are still many doubts about which channel your company should choose.
In this article, we will discover the Brother cell phone list differences between the Internal and External Reporting Channel.
What is a reporting channel?
The Reporting Channel is a communication channel that the company adopts to detect fraud, unethical conduct and non-compliance with legislation.
There are several means of contact and the main ones are email, telephone line, website link and WhatsApp.
The main purpose of the Integrity Channel is to encourage employees, customers and suppliers to share information that does not comply with the company's Code of Ethics or that violates legislation.
Know the Difference between External and Internal Reporting Channel
The legal system provides for the importance of guaranteeing anonymity and protecting whistleblowers in good faith for the success of the Reporting Channel.
Article 42, x, Law 8420/15 : “channels for reporting irregularities, open and widely publicized to employees and third parties and mechanisms aimed at protecting whistleblowers in good faith ;
In the case of the internal reporting channel, the whistleblower's anonymity may not be as effective.
Whistleblowers may be unsure about reporting for fear of being identified and suffering some type of retaliation within the company.
As a result, it reflects on the quality of complaints and the performance of the Reporting Channel
For this reason, External Channels receive 6x more complaints than internal Reporting Channels.
Furthermore, External Reporting Channels provide greater credibility with suppliers, customers, supervisory bodies and other stakeholders.
Society and the market have passed over companies that value transparency and ethics as a way of mitigating their risks.