News
Time to take a different approach to protecting whistleblowers by Glenn Birrell CEO Your-Call On-Line Opinion 2 June 2004
“Are we quipping people with the necessary tools and protection to speak up?’
Establishing an Effective Complaint and Confidential, Anonymous Reporting Process
Click here to download Establishing an Effective Complaint and Confidential, Anonymous Reporting Process
The Bulletin Volume 1 Issue 11 2004 Protiviti Independent Risk Consulting USA©
In reference to “Using “hotlines” for confidential, anonymous reporting” it states:-
“while the SEC does not specifically require the use of an external- based hotline, audit committees and management may wish to investigate the firms offering them. Considering the inherent complexity of managing sensitive information and responsive investigations, it may be both more cost effective and free of conflict-of-interest issues if third-party providers supply the primary complaint hotline facility and collect information through that facility.
“new service providers offer their clients the opportunity to implement internet-based reporting of complaints.”
Business Ethics and Compliance in the Sarbanes-Oxley Era A Survey by Deloitte & Touche LLP and Corporate Board Member Magazine
“If whistleblower helplines are not managed by a third party, companies may have an issue with the anonymity requirements of Sarbanes-Oxley. These requirements are based on the premise that true anonymity of reporting can only be attained if the calls are fielded by someone outside the organization. We expect that in-house managed helplines may become a thing of the past.”
What is a good company? Justine Nolan The Age 26 July 2004
“Responsible corporate governance means more than following the minimum required by law. It requires that a company consider the long-term impact of decisions on all their stakeholders, and that includes employees. A greater degree of transparency and disclosure is being encouraged and, in these particular countries, actually required. In essence, it’s about making decision-making ethical as well as legal.