Reference Material
APRA Prudential Standard APS 510: Governance
Section 42
“The Board Audit Committee must establish and maintain policies and procedures for employees of the regulated institution to submit, confidentially, information about accounting, internal control, compliance, audit, and other matters about which the employee has concerns. The Committee should also have a process for ensuring employees are aware of these policies and for dealing with matters raised by employees under these policies.”
Australian Research Council Linkage Project – 2005-2007
‘Whistling While They Work’: Enhancing the Theory and Practice of Internal Witness Management in Public Sector Organisations
Visit: http://www.griffith.edu.au/centre/slrc/whistleblowing/
Australian Standards
Visit: http://www.standards.com.au
National Corporate Governance Standards:-
AS 8000: Good governance principles
AS 8001: Fraud and corruption control
AS 8002: Organizational codes of conduct
AS 8003: Corporate social responsibility
AS 8004: Whistleblower protection programs for entities
Establish, maintain and effectively manage a whistleblowing scheme with the help of AS 8004. This Standard explains how to establish, maintain, implement and effectively manage a whistleblowing mechanism that can apply to employees, executives, directors, outside agents and sub-contractors.
HB 400—2004: Introduction to Corporate Governance
HB 401—2004: Applications of Corporate Governance
Whistleblower protection: a comprehensive scheme for the Commonwealth public sector
Report of the Inquiry into whistleblowing protection within the Australian Government public sector
By the House of Representatives Standing Committee on Legal and Constitutional Affairs.
On Wednesday 25 February 2009, the House of Representatives Standing Committee on Legal and Constitutional Affairs tabled its report on the inquiry into whistleblowing protections within the Australian Government public sector entitled Whistleblower protection: a comprehensive scheme for the Commonwealth public sector.
Whistleblowing in the Australian Public Sector Enhancing the theory and practice of internal witness management in public sector organisations 2008 Edited by A. J. Brown
This book presents results from a program of empirical and comparative legal research into public interest whistleblowing in Australian public sector agencies, undertaken in 2005″“08 through the Australian Research Council-funded Linkage Project “˜Whistling While They Work’.
The study was the largest of its kind ever undertaken in Australia, and one of the largest per capita ever undertaken in the world. It has involved six Australian universities, a number of international collaborators and 14 partner organisations, including many Australian public integrity and public sector management agencies.
Second edition August 2007 – Revised Corporate Governance Principles and Recommendations Corporate Governance The ASX Corporate Governance Council
The ASX Corporate Governance Council (Council) undertook an extensive review of the first edition of the Principles of Good Corporate Governance and Best Practice Recommendations and carried out a public consultation process between November 2006 and February 2007.
On 2 August 2007 the Council released:
The revised Corporate Governance Principles and Recommendations (Second Edition Corporate Governance Guidelines)
Council’s response to submissions (PDF 930KB)
A document setting out the differences between the 2003 and 2007 editions of the Principles and Recommendations (PDF 433KB)
Updated and revised Guidelines for Notices of meeting (PDF 50KB)
Media Release (PDF 64KB)
Speech by Eric Mayne, Chair of the ASX Corporate Governance Council, at the launch of the revised Corporate Governance Principles and Recommendations (PDF 44KB)
Speech by the Hon. Chris Pearce, Parliamentary Secretary to the Treasurer, to launch the revised Corporate Governance Principles and Recommendations (PDF 40KB)
The Council released Revised Supplementary Guidance (PDF 76KB) in June 2008 (see also comparison (PDF 101KB) August 2007 and June 2008).
The documents can be dowloaded from:
http://www.asx.com.au/supervision/governance/revised_corporate_governance_principles_recommendations.htm (please copy & paste link to your browser)
Note: Effective date The effective date for the Second Edition Corporate Governance Guidelines is a listed entity’s first financial year commencing on or after 1 January 2008.
Where an entity’s financial year begins on 1 January, disclosure will be required in relation to the financial year 1 January 2008 ““ 31 December 2008 and will be made in the annual report published in 2009.
Where a listed entity’s financial year begins on 1 July, disclosure will be required in reltion to the financial year 1 July 2008 – 30 June 2009 and will be made in the annual report published in 2009.
Listed entities are encouraged to make an early transition to the Second Edition Corporate Governance Guidelines.