Whistleblowing

The member organisations of the Savings Banks Amalgamation value an environment that encourages the open exchange of information. To ensure access to information that is critical to operations, the central institution of the Savings Banks Amalgamation has established a whistle-blowing system for employees to report any serious offences they observe. 

The reported information can include, for example, suspected infringements against the regulations governing the financial markets and suspected infringements against the credit institution’s internal operating guidelines (including activities that are in breach of the Act on Credit Institutions and infringements against the Securities Markets Act, such as the abuse of inside information and breach of bank secrecy or privacy legislation). Separate whistle-blowing procedures and guidelines have been drafted for the member organisations of the Savings Banks Amalgamation.