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New Whistleblower Film Puts a Spotlight on South African Whistleblowers

Whistleblower Network News

Together, they embark on a perilous journey in their quest to expose the state capture of a corrupt South African security group and the double-dealing profiteers who benefit from warfare in Africa. South African whistleblowers face an uphill battle when it comes to reporting corruption.

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CFTC Set New Record for Whistleblower Tips in FY 2023

Whistleblower Network News

The CFTC further reports that since the program was established in 2010 it has “issued 41 orders granting awards totaling almost $350 million.” The CFTC Whistleblower Fund Improvement Act raises this cap, which has not been changed since it was instituted in 2010. In FY 2023, the agency issued seven awards totaling $16 million.

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Director of UK’s SFO Advocates for Whistleblower Awards

Whistleblower Network News

Since the SEC Whistleblower Program was established in 2010, it has paid over $1.9 whistleblower reward programs in fighting fraud and corruption: “If you look at the example of the United States of America, their system allows [payment of whistleblowers], and I think 86% of the $2.2 In contrast to the U.K.,

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SEC Sanctions Global Software Company SAP $100 Million for FCPA Violations

Whistleblower Network News

Securities and Exchange Commission (SEC) announced a $100 million settlement with global software company SAP SE over charges of violations of the Foreign Corrupt Practices Act (FCPA). anti-corruption law that prohibits the payment of anything of value to foreign government officials in order to obtain a business advantage.

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SEC Whistleblower Program Needs Reform, According to Advocates

Whistleblower Network News

This is the most successful anti-corruption program ever established, and when the rules were developed in 2010-11, the way the program has grown was not anticipated,” Kohn told Bloomberg. “So, Kohn , founding partner of Kohn, Kohn & Colapinto (KKC) and Chairman of the Board of National Whistleblower Center (NWC).

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Dodd-Frank Act Programs Have Awarded over $2 Billion to Whistleblowers

Whistleblower Network News

The Dodd-Frank Act , which passed in 2010, established whistleblower award programs at the two agencies to incentivize insiders with knowledge of corporate fraud and misconduct to come forward to the authorities. The CFTC Whistleblower Fund Improvement Act raises this cap, which has not been changed since it was instituted in 2010.

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Whistleblower Tips Are “Critically Important” Says New CFTC Whistleblower Director

Whistleblower Network News

Since it was established in 2010, the CFTC Whistleblower Program has emerged as an essential part of the CFTC’s enforcement efforts, including in the area of crypto fraud. On February 15, the Commodity Futures Trading Commission (CFTC) announced that Brian Young has been named as the new director of the CFTC Whistleblower Office.

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