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Public Interest Report
Is the whistleblowing system perfect? The whistleblower system is no longer an essential system for establishing a company's compliance system. The system design is supposed to comply with the guidelines published by the Cabinet Office and the Consumer Affairs Agency, and attention must also be paid to the contents of the revised Whistleblower Protection Act enforced in June 2022. If the correct design and operation are not achieved, social credibility may be reduced. This corporation has established a number of Whistleblowing systems and has a lot of know-how on whistleblowing systems, so if you are concerned about the system, please contact us.
The whistleblowing system is a system in which employees who have found in-house fraud are charged directly using the company's reporting window, not their superiors. It is difficult to find out from the outside that the fraud done in secret in the company. By setting up a whistleblowing window, risk information can be collected, and fraud can be detected and dealt with early. In the future, it is expected that the whistleblowing window will become increasingly important as an internal self-cleaning system.
In fact, the Corporate Governance Code on the listing of the Tokyo Stock Exchange clearly states the creation of a whistleblowing system. Among them, it is said that the whistleblowing window should be established as an independent window from the management team. In many cases, management is involved in internal fraud, so it is desirable to set up a department that can cope with such fraud reports. In some cases, the General Affairs Department and the Legal Department have a reporting window, but in such cases it may be difficult to say that independence from the management team is sufficient.
The whistleblower desk is a system for early detection and self-purification of in-house fraud, but in order for this system to truly function, a system that allows employees to report with peace of mind is essential. If there is a situation where it is revealed that you are a whistleblower, you will not be able to use the whistleblower desk. In order to set up a window that can be reported with peace of mind, various maintenance such as environmental maintenance and correspondence education of the person in charge are required. Even if all is cleared, it is considered that a certain number of employees feel that reporting to the department in the company is a risk. If such an employee reports to the media, not to the reporting desk, there is a risk that corporate scandals will become public, and it is no doubt that the company wants to avoid it.
By setting up a reporting desk outside, not inside, it is expected to reduce the risk of scandals. If there is a reporting desk outside, employees can report with confidence, which can help prevent accusations to the media. In addition, the establishment of an external reporting desk by experts will strengthen the company's compliance image. This corporation has expertise in the whistleblowing System, experience in building a number of whistleblowing Systems, and a track record in charge of "whistleblowing contact point." If you have any problems with the whistleblower System, whether internal or external, please contact us.
The main legal services related to the whistleblowing system of ALG are as follows.
- Support for the establishment of a whistleblowing system
- Seminar on operation of whistleblowing system and training for personnel in charge
- Preparation and review of operational rules concerning the whistleblower system
- Support for external reporting desk
- Examination, investigation on the content of the report, and subsequent legal action
- etc.
Please feel free to contact us if you have any questions other than those listed above.
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