Monday, July 21, 2008
ICC Guidelines on Whistleblowing
Earlier this month the Anti-Corruption Commission of the International Chamber of Commerce (ICC) issued the ICC Guidelines on Whistleblowing [PDF document]. Purpose of these guidelines is to help enterprises in establishing and implementing internal whistleblowing programs. According to the Anti-Corruption Commission these programs have shown to be a very effective instrument in the fight against fraud and corruption. Nevertheless internal fraud reporting schemes are still not very common among enterprises worldwide. Due to cultural differences, legal requirements and psychological obstacles there is still reluctance in parts of the businessworld to resort to fraud reporting by the company's employees.