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Whistleblowers ASIC

Herbert Smith Freehills Kramer

Federal Court Sets the Penalty for Victimisation: ASIC v TerraCom Ltd (No 3)

On 26 August 2025, Jackman J of the Federal Court of Australia handed down a penalty decision in ASIC v TerraCom Ltd (No 3) [2025] FCA 1017, ordering TerraCom to pay a $7.5 million penalty and an additional $1 million in...more

A&O Shearman

Six indicia of a strong corporate whistleblower program: new Australian guidance

A&O Shearman on

A new report from the Australian Securities and Investments Commission (ASIC) should prompt companies to consider whether any changes need to be made to align their whistleblower program with ASIC’s proposed “good practices”....more

K&L Gates LLP

ASIC Whistleblower Policy Requirements More Onerous but 1 January Deadline Remains

K&L Gates LLP on

WHAT HAS HAPPENED? ASIC has released Regulatory Guide 270 for Whistleblower Policies. Despite concerns raised that the Guide's requirements are onerous and will require companies to once again amend their policy to ensure...more

K&L Gates LLP

ASIC Releases Draft Whistleblower Policy Guide

K&L Gates LLP on

On 1 July 2019, the Treasury Laws Amendment (Enhancing Whistleblower Protections) Act 2019 (Act) came into force. The Act broadened the scope of protections and remedies available to whistleblowers, and introduced the...more

K&L Gates LLP

Whistle While You Work

K&L Gates LLP on

On 12 March 2019, royal assent was given to the Treasury Laws Amendment (Enhancing Whistleblower Protections) Bill 2018, which amends several pieces of legislation, notably the Corporations Act 2001 (Cth). These amendments...more

Jones Day

Australian Government Releases Draft of Private Sector Whistleblower Protection Law

Jones Day on

The Situation: Currently, limited protections exist in Australia for private sector whistleblowers against victimization and detrimental treatment. The Development: The Australian government has released draft law that...more

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