Ensuring there are appropriate whistleblower protections in place is vital to the development of the financial planning profession, preventing ‘bad apples’ from providing advice to consumers, and enhancing consumer confidence in the financial services industry more broadly.
There are two concurrent consultations underway in relation to whistleblower protections:
- Government consultation paper – this consultation paper includes options for enhancing corporate whistleblower protections, and proposed protections for tax whistleblowers
- PJC Inquiry into whistleblower protections – this Parliamentary Inquiry is seeking stakeholder views and recommendations to improve whistleblower protections.
Submissions to both the Government consultation process and the PJC Inquiry are due on 10 February 2017.
Read Minister’s media release
We are always keen to hear your valuable feedback and suggestions. Please let us know if there are any policy issues or concerns that affect you.