Whistleblowing remains a hotly debated topic, mainly because these informants have the potential to cost a company significant financial and reputational loss. Now the SEC is looking to add more incentives for whistleblowers around the world to come forward and report corporate wrongdoing. Four years ago, when the agency’s Office of the Whistleblower opened its doors to the public, many companies did not know what to expect. Since then, however, the SEC has received nearly 10,200 tips, and it seems that number will only continue to rise.
In this e-Book, produced by Compliance Week in cooperation with The Network, we explore what companies should be doing to promote a speak-up culture among their employees, and how to deal with whistleblower complaints in this ever-changing legal environment.
This e-Book opens with the SEC’s guidance on whistleblowing and investigates why it is important for companies to invest in robust compliance programs. Following this, readers get a first-hand opportunity to review some critical whistleblowing protections that may expand within the next year. In the section, “knowledge leadership,” readers can learn more about the risks and motivations that trigger informants to go directly to the regulator instead of turning to the company’s compliance office. Finally, we look at how the SEC sweetens the deal for potential whistleblowers who provide credible information about potential violations.
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