A whistle-blower is entitled to report any violation that may harm the interests of the public, including, but not limited to any of the following:
inaction, negligence or professional misconduct or other illegal activity by employees of the Bank;
corruption, violation of restrictions on pre-election advertising and funding of political organisations (parties) and coalitions thereof;
embezzlement of a public person’s funds of property;
tax evasion;
threats to public health;
food safety risks;
construction safety risks;
environmental safety risks, including actions affecting climate change;
radiation protection and nuclear safety risks;
occupational health and safety risks;
threats to public order;
violation of human rights;
violation of public procurement or private-public partnerships;
violations in the financial and capital markets sector (e.g., violations of investment service protections), including fraud and other illegal acts threatening the financial interests of the European Union;
violations of sanctions risk regulations;
money laundering, financing and proliferation of terrorism;
violations of competition law and economic assistance regulations;
violations in provision of goods and services, including safety and compliance;
violations of traffic safety;
violations concerning the internal market;
violations of animal welfare;
violations of consumer rights;
violations of protections of privacy and personal data, network and information systems safety violations;
failure to observe other compliance regulations.
The following do not constitute whistle-blowing:
Provision of data known to be false;
disclosure of information containing a state secret;
reporting of violations of personal interest only;
violation of notary-client or doctor-patient privilege;
violation of court secrecy and disclosure of privileged data obtained during a closed hearing;
disclosure of information on the execution of special investigative activities, or of any data obtained as a result;
disclosure of information on consulting with employee representatives or trade unions, parties to collective employment agreements, insofar as information necessary for the conclusion or amendment of a collective employment agreement is concerned.
To report a violation, a whistle-blower fills out the Whistle-blowing report form, providing clear, weighed and sufficiently detailed information. If a whistle-blower suffers unfavourable consequences, they are entitled to protections under the Whistle-blowing Law.
Whistle-blowers are free to report violations outside the Bank, by contacting competent state authorities, organisations or associations, as well as via the official whistle-blowing contact point – the State Chancellery of the Republic of Latvia.
https://www.mk.gov.lv/lv/trauksmes-celsana
https://trauksmescelejs.lv/
Internal channel of the Bank
The Bank encourages you to blow the whistle using an internal channel – by e-mailing [email protected] or sending a letter to the Bank’s address (Brīvības iela 54, Rīga, LV-1011) bearing the text “Whistle-blower’s report” to facilitate timely remediation of a possible violation before the Bank’s reputation is compromised, losses are sustained, or competent state authorities intervene in the matter.
