Addressing whistleblower complaints has quickly become front and center for companies in Asia Pacific. Research shows that it is increasingly apparent that whistleblowing programs need to adapt and evolve with the legal and regulatory landscape, and it is vital that management implements a regular review of those programs.
Leaders and decision makers have the power to take ownership of — and invest resources in — their organization’s whistleblowing program to give it every chance of success. Where does your business stand compared with others in the sector or against key jurisdictions in the region?
Explore Baker McKenzie's custom research, conducted in collaboration with Acuris Studios, based on responses from 523 senior executives from companies in Asia Pacific.
The broader range of conduct which can be reported and receive protection as well as the expanded scope of persons eligible for protection under the revised legislation means that it is imperative for companies to be on top of the new requirements.
— Michael Michalandos, Partner, Sydney
Respondents believe Australia’s reforms have provided whistleblowers with a supportive climate to report issues with 87% believing the 2019 reforms have encouraged employees to report illegal activities and misconduct. This includes 45% who think a willingness to bring complaints has greatly increased.
59% of Australian respondents reported that they had encountered difficulty...
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