Opening statement to the Parliamentary Joint Committee inquiry into whistleblower protections
A speech by John Price, Commissioner, Australian Securities and Investments Commission to the Parliamentary Joint Committee on Corporations and Financial Services inquiry into whistleblower protections in the corporate, public and not-for-profit sectors, 27 April 2017
Thank you Chairman.
For the Hansard, my name is John Price and I am a Commissioner at ASIC. With me are Senior Executive Leaders Warren Day and Andrew Fawcett.
We are very happy to appear before the Committee today.
ASIC supports work towards encouraging reporting of corporate wrongdoing and better protection for whistleblowers in Australia.
We recognise the courage of whistleblowers, and value the insights they provide. Whistleblowers play an important role in calling out poor conduct, and assisting ASIC to do its job.
ASIC has established an Office of the Whistleblower and enhanced our internal process for dealing with whistleblower reports, including ensuring ASIC staff who are involved in handling whistleblower matters are appropriately trained. In addition, we have developed targeted information to ensure whistleblower awareness of the protections that may apply to them, and ensure understanding of ASIC’s role.