Australian Securities & Investments Commission (ASIC) Calls for Australia Companies to Support Whistleblowers to Identify & Expose Misconduct that Can Harm Customers, Shareholders, Companies & Broader Community, 1) Provide Dedicated Whistleblower Webpage to Raise Concerns, 2) Provide Regular Staff Training on Whistleblower Program & 3) Employee Feedback on Whistleblower Program
5th December | Hong Kong
Australian Securities & Investments Commission (ASIC) has called for Australia companies to support whistleblowers to identify & expose misconduct that can harm customers, shareholders, companies & broader community, including to 1) Provide dedicated whistleblower webpage to raise concerns, 2) Provide regular staff training on whistleblower program & 3) Seek employee feedback on whistleblower program. ASIC (4/12/25): “A first-of-its-kind ASIC questionnaire has shown significant differences in the whistleblower policies and practices adopted across corporate Australia, and highlighted opportunities for companies to better support and protect those who speak up. Report 827 Insights from the ASIC Whistleblower Questionnaire: July 2024 to June 2025 (REP 827) benchmarks whistleblower policies and practices across 134 entities in 18 industries, examining how far companies have adopted better practices outlined in previous ASIC publications. ASIC’s questionnaire found significant variation in the maturity of whistleblower practices. There are opportunities for companies to adopt better practices for whistleblower disclosures. ASIC’s review found: 1) over one third of participating entities did not provide a dedicated whistleblower web page for raising concerns, 2) a quarter failed to provide regular staff training on their whistleblower program, and 3) more than half had not sought employee feedback on their whistleblower program in the past year … … ASIC observed larger companies and companies within the mining sector were most likely to have mature whistleblower practices and higher disclosure rates. Some smaller companies also demonstrated better practices, suggesting firm size was not an impediment to strong whistleblower programs. Companies are reminded that they are required to provide specific protections for whistleblowers and to manage whistleblower disclosures confidentially. Proper whistleblower policies should reflect these protections and outline how they will support and protect whistleblowers, taking into account the specific circumstances and characteristics of the company.”
“ Australian Securities & Investments Commission (ASIC) Calls for Australia Companies to Support Whistleblowers to Identify & Expose Misconduct that Can Harm Customers, Shareholders, Companies & Broader Community, 1) Provide Dedicated Whistleblower Webpage to Raise Concerns, 2) Provide Regular Staff Training on Whistleblower Program & 3) Employee Feedback on Whistleblower Program “
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Australian Securities & Investments Commission (ASIC) Calls for Australia Companies to Support Whistleblowers to Identify & Expose Misconduct that Can Harm Customers, Shareholders, Companies & Broader Community, 1) Provide Dedicated Whistleblower Webpage to Raise Concerns, 2) Provide Regular Staff Training on Whistleblower Program & 3) Employee Feedback on Whistleblower Program
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