19-205MR ASIC consults on new guidance for companies on whistleblower policies
28 August 2019
ASIC is calling for public input on its proposed guidance on the new legal obligation on companies to implement a whistleblower policy.
Public companies, large proprietary companies and corporate trustees of registrable superannuation entities must implement a whistleblower policy and make it available to their officers and employees by 1 January 2020. This requirement was introduced as part of the reforms to the corporate sector whistleblower regime that commenced on 1 July 2019. ASIC also seeks feedback about exempting public companies that are small not-for-profits or charities from the requirement to have a whistleblower policy.
View 19-205MR here including the Consultation Paper and Regulatory Guide. Please provide your feedback by Friday, 30 August 2019.