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EQS Group's SAFE CHANNEL whistleblowing solution successfully launched

DGAP-News: EQS Group AG / Key word(s): Product Launch

02.11.2017 / 10:05
The issuer is solely responsible for the content of this announcement.

  • The SAFE CHANNEL digital whistleblowing system is now available at the EQS COCKPIT
  • The secure and anonymous channel allows whistleblowers to safely communicate with companies
  • Meets requirements of both the German Corporate Governance Code (DCGK) and the "Sapin 2" French Anti-Corruption Act

The EQS Group has successfully brought its SAFE CHANNEL solution to market. SAFE CHANNEL is a secure, anonymous digital whistleblower system which allows companies' employees and external associates to report violations. SAFE CHANNEL's successful launch marks EQS Group's entrance into the important Governance, Risk & Compliance (GRC) growth market.

Whistleblowing systems have long been mandatory in the US. Now they are becoming increasingly obligatory in the E.U. The newest version of Germany's Corporate Governance Code (DCGK), which is applicable to all companies on the regulated market, requires companies to have a whistleblower system in place. Beginning January 1, 2018, France's "Sapin 2" Anti-Corruption Law requires companies with more than 50 employees to have a whistleblower system in place for its employees, as well.

EQS's SAFE CHANNEL is an efficient, streamlined whistleblowing tool created for companies to quickly integrate a secure communications channel for employees and associates: all explanatory texts, topic categories and questions are grounded in sound legal expertise and are available in multiple languages. Incoming communications are centrally and securely stored in the Private Secure Cloud and are then processed by company compliance officers.

"In the next few years, companies will have to address the pressing issue of how best to manage whistleblowing, with increasing associated legal regulations and risks," said Moritz Homann, Director of Compliance Services at EQS Group, adding: "SAFE CHANNEL gives our customers a state-of-the-art solution to do just that."

More information:

Alexander Mrohs
Tel: +49 (0)89 210 298-420

About EQS Group
EQS Group is a leading international technology provider for Investor Relations, Corporate Communications and Compliance. More than 8,000 companies worldwide trust EQS's products and services to securely, efficiently, and simultaneously fulfil complex national and international disclosure and compliance requirements, and to reach stakeholders globally.

The EQS COCKPIT, a cloud-based platform, digitally maps the workflows of IR, Communications and Compliance Officers, communicates with the company's website, and distributes company releases via one of the most important global newswires. With additional products such as websites, IR tools, digital reports, and webcasting solutions, EQS Group is a digital single source provider.

EQS Group was founded in Munich, Germany in 2000 and has developed from a start-up to an international group with offices in the world's key financial markets. The group employs around 400 professionals globally.

02.11.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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