Whistleblowers worldwide pay a high price for exposing fraud and abuse. They are especially vulnerable in with counties with institutionalized corruption no rule of law. But, the demand for whistleblower protection is growing worldwide. Click here or the map for a sample of the stream of news about changing whistleblower laws.
One option for international whistleblowers: The Foreign Corrupt Practices Act. The act prohibits corporations, both U.S. and international, from paying bribes to foreign officials and offers rewards. Click here to read the FCPA in English and 14 other languages.
In a major breakthrough for international whistleblowers, on July 21, 2010n President Obama signed legislation that permits whistleblowers, including foreign nationals, to apply for monetary rewards based on reporting bribery prohibited under the Foreign Corrupt Practices Act (FCPA). The Dodd-Frank Wall Street Reform and Consumer Protection Act mandates that the U.S. Securities Exchange Commission (SEC) pay whistleblowers monetary rewards if they provide the U.S. government with information that leads to the successful enforcement of the FCPA. The act is applicable even if bribes are paid in a foreign country and the whistleblower is a foreign national.Continue Reading Mapping developments in whistleblower protection