- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Kyle Brasseur2024-05-23T15:35:00
Whistleblowing remains a controversial topic—in more ways than one. Even the term “whistleblower” alone is enough to draw a spirited debate.
Renewed attention to the matter in recent months following the Department of Justice’s (DOJ) announcement it would begin a sprint to form its own whistleblower reward program prompted Compliance Week to convene a pair of experts for a discussion regarding a handful of whistleblower-related talking points. CW Advisory Board members Eric Young of Guidepost Solutions and Ellen Hunt of Spark Compliance Consulting participated in the exercise.
For the purpose of trying to address different sides of each issue, Young was tasked to respond in the affirmative regarding each talking point while Hunt was asked to play contrarian. Given that framework, their views expressed below might not be entirely representative of their personal feelings on these subjects.
Responses have been paraphrased for reading convenience.
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The Department of Justice’s 90-day sprint to developing and implementing a pilot whistleblower rewards program ended Wednesday, and many questions remain about what the program will entail.
The European Union’s strong stance on whistleblower protection has been undermined by member states’ wildly different approaches to punishing organizations that fail to safeguard people who raise concerns, says Wirecard whistleblower Pav Gill.
The Department of Justice is set to join a growing list of U.S. federal agencies to have a whistleblower reward program in place, but how impactful it will be at generating more white-collar investigations and prosecutions rides on its initial design, according to experts.
The Department of Justice’s Antitrust Division, the Federal Trade Commission, and the Department of Health and Human Services partnered to create an online portal for the public to report instances of anticompetitive practices in the healthcare sector.
The Department of Justice launched a new pilot program that encourages voluntary self-disclosure by corporate executives who are themselves involved in financial misconduct, with the incentive of a nonprosecution agreement for those who help an agency investigation.
The Commodity Futures Trading Commission announced a landmark whistleblower award of approximately $1.25 million to an individual in an internal compliance or audit function who came forward with information on misconduct occurring at his or her employer.
