ENVIRONMENT

ASIC lays out whistleblower protection rules

AFTER starting proceedings against coal company Terracom the Australian Securities and Investments Commission has reminded companies that they are obliged to handle whistleblower disclosures confidentially and protect them from detriment.

The report sets out the good practices ASIC observed from its review of seven entities’ whistleblower programs.

The report sets out the good practices ASIC observed from its review of seven entities’ whistleblower programs.

On March 1 ASIC announced it had started proceedings against Terracom in the Federal Court over alleged whistleblower victimisation. ASIC has published a report to help entities improve their arrangements...

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