Whistleblower Channel

The Whistleblower Channel is an internal information channel that forms part of the internal information system that SOCIB has implemented in compliance with the requirements imposed by Law 2/2023 on the protection of persons who report regulatory infringements and combat corruption.

All individuals who, in one way or another, participate in the management and development of the activities carried out by SOCIB must comply with the obligations corresponding to each one and be committed to the proper functioning of SOCIB. 

With this goal, the Whistleblower Channel is available to all those involved in its proper operation. That is to say, the Whistleblower Channel is available for:

1. Individuals who are employees or work on behalf of others. 

2. Participants and persons belonging to the administrative, directive, or supervisory body of the organization, including non-executive members.

3. Any person working for or under the supervision and direction of contractors, subcontractors, and suppliers.

4. Those who communicate or publicly disclose information on infringements obtained within the framework of a labor or statutory relationship that has ended, volunteers, interns, and workers in training periods regardless of whether they receive remuneration or not, as well as those whose labor relationship has not yet begun, in cases where the information about infringements was obtained during the selection process or pre-contractual negotiation.

The purpose of the Whistleblower Channel is exclusively to report any of the following behaviors, provided they are carried out in the name and representation of SOCIB or the exercise of the activities carried out by SOCIB, or on occasion of the same:

1. Actions or omissions that may constitute a severe criminal or administrative offense. In any case, all those serious or very serious criminal or administrative offenses that involve economic harm to the Public Treasury and Social Security will be included here.

2. Actions or omissions that may constitute an infringement of European Union Law in areas such as public procurement, services, products, and financial markets, and prevention of money laundering and financing of terrorism; product safety and compliance; transport safety; environmental protection, protection against radiation and nuclear safety; food and feed safety, animal health and welfare; public health; consumer protection; protection of privacy and personal data, and security of networks and information systems; or that affect the financial interests of the European Union or have an impact on the internal market, including infringements of European Union rules on competition and state aid, as well as infringements related to the internal market in connection with acts that infringe corporate tax rules or practices aimed at obtaining a tax advantage that distorts the object or purpose of the applicable corporate tax legislation.

3. Actions or omissions that may constitute an infringement of the rules or internal procedures implemented by SOCIB, such as fraud risk control, corruption or conflict of interest, or other serious or very serious regulatory compliance risks.