Australia has passed a law to protect whistleblowers and require companies to have a formal whistleblower policy in place before Jan. 1, 2020. This law, which applies to all companies registered under Australia’s Corporations Act 2001, severely penalizes companies and individuals who violate its requirements to keep whistleblowers anonymous and not retaliate against them. Under the law, protected whistleblowers include officers and employees of a company.
The law casts “a wide net and really could produce whistleblowers in companies of various kinds, depending on the industry,” said Jennifer Pacella, assistant professor of business law and ethics at the Indiana University Kelley School of Business.
The Australian law protects whistleblowers who…
Credit to Leah Shepherd for the original post.