Freshfields Bruckhaus Deringer : Whistleblowing is on the rise

18 Jan 2018 9:19 AM | Anonymous member (Administrator)

Whistleblowing continues to make the headlines and the role of the whistle blower has become ever more prominent in recent times. Almost 40 per cent of all detected occupational fraud cases are identified by whistle blowers.  And when businesses uncover wrongdoing within their organisation, it is usually an employee who raised the first red flag. There are risks associated with any whistleblowing system (particularly one that allows anonymous reporting), the main risk being that employees might abuse the system and make false reports. These risks are, however, materially outweighed by the clear interest businesses have in ensuring that the right whistleblowing framework and culture is in place to encourage employees to speak up without fear of retaliation.

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