From the editor
Many thanks for reading Issue 15 of our Business ethics and anti-corruption Asia Pacific Insights.
With a growing trend of people coming forward to raise concerns in relation to corporate wrongdoing and workplace harassment, it is timely that the IBA issued a comprehensive guide on whistleblower protection. Mathias Goh and I summarise the salient aspects of the guide which serves as a useful resource for regulators and corporations on the development and implementation of whistleblowing channels. In a similar vein, Australia has proposed whistleblowing laws to provide protection to whistleblowers against retaliation and that require corporations to put whistleblowing policies in place. Abigail McGregor hails this as a move in the right direction.
Indonesia takes a step toward greater transparency with a regulation requiring corporations to disclose their beneficial ownership. Kresna Panggabean describes how the regulation supports ongoing efforts to prevent and eradicate crimes of money laundering and terrorism financing.
In a comparative jurisdictional analysis, we examine existing and emerging legislation in the United Kingdom, Australia, Hong Kong and Singapore on modern slavery and human trafficking. Milana Chamberlain, Abigail McGregor, Alfred Wu and I draw out the similarities and differences of the various laws and map out the challenges ahead for commercial organisations and make some practical recommendations.
Finally, Jeremy Lua and I provide a comprehensive overview of the anti-corruption regime in Singapore and share our thoughts on some updates and trends.
I hope you will find our articles in this Issue 15 informative and helpful!
While whistleblowing is not a new phenomenon, it appears to have taken on added significance in recent years.
The Australian Government’s proposed whistleblowing laws are one step closer to becoming reality, with the Senate Economics Legislation Committee (the Committee)...
April 3, 2018
Indonesia’s President Joko Widodo recently issued a regulation requiring corporations to disclose information on their beneficial owners.
April 10, 2018
In 2015, the United Kingdom passed the Modern Slavery Act, which contains a corporate reporting requirement aimed at increasing transparency around modern slavery...
We have contributed the Singapore chapter of Getting the Deal Through’s Anti-Corruption Regulation 2018.