In: Accounting
There has been a lot of information in the news about whistleblowing - both the good and the downside of it. Please find three articles on this topic and summarize each article for your posting. Also, comment on how you feel about whistleblowing
The first article is from https://www.transparency.org/topic/detail/whistleblowing which talks about the corruption prevailing in rhe market and what can be done about it. It states how whistleblowing is seen as betrayel in the society rather than the boon. It also discusses the problems faced by the whistleblowers where legal security is not much and the solutions to the problems.
The second article is from https://www.euromoney.com/article/b16xvynpv9qs1p/whistleblowing-still-a-risky-business where it discusses about the problems faced by the whistleblowers in the financial institutions of Britain and Europe. It talkes in lenght about theri new inititative of FCA’s whistleblowing champions where persons can raise their issue directly with that person who shall look in to the issue in depth and act accordingly. It also mentions about the setting up of nation wide whistleblowers office and mandatory compensation to the person if he is not able to find a new job because of his due delligent act.
The last article is from https://oig.usaid.gov/content/whistleblower-protection-laws where discussion on The Whistleblower Protection Enhancement Act of 2012 is done along with basic provisions of the act as to who shall be regarded as whistleblower, what disclosure is considered as valid and invalid and what is the compensation and protection provided to the person along with How to File Whistleblower Reprisal Complaints