From 1st July, whistleblowers who report misconduct about companies and company officers can access stronger rights and protections in the Corporations Act 2001. ASIC has updated information on their website and issued two new information sheets. Public companies, large proprietary companies, and corporate trustees of registrable superannuation entities need to have a whistleblower policy from 1 January 2020. ASIC will consult on regulatory guidance on the requirement for a whistleblower policy in due course.
