Whistleblower Services

whistleblower services

Whistleblower Services

As an organisation’s first line of defence, a workforce holds the most amount of information regarding your operations and day to day running, so listeningto them is critical.

Is your business compliant with the law?

There are now legal requirements for most businesses to have whistleblower avenues in place and ensure whistleblower protection when receiving, managing and investigating reports.

The following list is not exhaustive:

Whistleblowing management
  • For public sector there is a range of legislation applicable for government and has been for many years covering protected disclosures and whistleblower protection requirements

  • For companies governed by the Corporations Act, there is new Whistleblower legislation passed by the Commonwealth Parliament for the private sector, called the Treasury Laws Amendment (Enhancing Whistleblower Protections) Act 2019, which significantly expands the scope of the protected disclosures under the Corporations Act regime.

    In short:
    • Public companies will need to have a compliant whistleblower policy in place by 1 January 2020 while large proprietary companies will generally be required to have it by 1 January 2021
    • Corporations may also be exposed to significantly higher civil penalties including as part of the reforms civil penalties of up to $1,050,000 for individuals and up to $10,500,000 for companies, or potentially more in certain circumstances
    • Good governance requirements including the Australian Stock Exchange (ASX) Corporate Governance Principles & Recommendations 2019, the Australian Standard AS 8004 Whistleblower Protection Programs for Entities (which is currently being revised into a proposed ISO 37002 global standard on Whistleblowing Management Systems - Guidelines)

How can RSM help?

RSM’s Fraud & Forensic Services can provide one or more, or all, of the following avenues of reporting as well as program set-up advice, and investigative response if required:

icon-phones-01.pngA telephone helpline through a 1800 numbericon-internet-22.pngWebsite
icon-email-16.pngEmailagile-icon-18.pngPhysical mail
icon-phones-29.pngPhysical address for a visitoricon_-_fraud_and_forensic_investigations.pngOther avenues such as an App or QR code which can divert to confidential website reporting, and fax (outdated these days in most circumstances)


RSM can help your business detect fraud, corruption
and other improper conduct
and respond with appropriate management action.

Contact your RSM representative or the National Head of Fraud & Forensic Services to learn more.

RSM offers Safe Harbour strategies

Better practice fraud and corruption control guide AS 8001:2021 - RELEASED

10 August 2021
Many who have responsibility for fraud and corruption control within their business (whether private or public sector) will know of the better practice guidance from the Australia Standard AS 8001 Fraud and Corruption Control.

Risk Insider Newsletter - Edition #5

29 July 2020
Audit Committees, Senior Executives and Boards need to understand the impact of the coronavirus pandemic on internal controls. The pandemic has caused many to transition to a work-from-home arrangement, and your most important internal controls may not have kept pace with these rapid process changes. Now is the time to ensure that any issues with underlying transactions, data or controls are identified and corrected, to prevent misappropriation or fraudulent activities.

Is COVID-19 an excuse to forgo forensic due diligence or integrity checks?

20 April 2020
In the wake of these ever-changing times it is quite natural for businesses and individuals to focus more on survival. This includes staff retainment rather than paying attention to protective control measures including conducting forensic due diligence checks.

COVID-19 Anti-fraud and corruption toolkit for business

27 March 2020
An important COVID-19 fraud update from the Fraud & Forensic Services team at RSM 

South Pacific and Asia Conference 2020 (SOPAC®)

2 March 2020
Darren Booth, National Head of Security and Privacy Risk Services at RSM Australia, will be presenting at the upcoming South Pacific and Asia Conference 2020 (SOPAC®) on 'The latest news in cyber security'. This presentation will cover the following:

Catch 22: Digital Transformation and it's impact on cybersecurity | RSM Australia

17 February 2020
Regardless of their digital footprint, any business with a reliance on technology is at risk of cybercrime.

Risk Insider Newsletter - Edition #3

3 February 2020
The bushfires have had a devastating impact with 25 people killed in NSW and thousands of homes damaged. Now, the government of NSW has announced an independent six-month inquiry into the bushfires which will examine causes as well as the preparedness and response. It is expected that the inquiry would consider how climate change, human activity and other factors had contributed to the blazes.

Whistleblower reporting and protection for your business

28 January 2020
There are now legal requirements for companies to have whistleblower avenues in place and ensure whistleblower protection when receiving, managing and investigating reports, which bring companies up-to-date and beyond the whistleblower requirements for the public sector.

Top of mind Cyber Security concerns for the financial services industry

26 September 2019
Cyber attacks and data breaches are now commonplace in financial services, more so than in any other industry and becoming the number-one risk concern for executives and directors.