Financial Crime World

Whistleblower Protection Laws Explained in Gibraltar: A Guide for Professionals

In a move to strengthen transparency and accountability, the Government of Gibraltar has introduced whistleblower protection laws aimed at safeguarding individuals who report wrongdoing within organizations. As professionals navigate this new landscape, it’s essential to understand the key aspects of these laws.

Background and Research

Developed with input from the Whistleblowing International Network, a recent report from IFAC and CPA Canada provides valuable insights for professional accountancy organizations, accountants, authorities, and policymakers worldwide. The study offers evidence-based research and practical perspectives on whistleblower protection legislation, highlighting current challenges in adopting and implementing effective frameworks.

Key Provisions of Gibraltar’s Whistleblower Protection Laws

In Gibraltar, the new laws are designed to ensure that whistleblowers are protected from retaliation while also encouraging responsible disclosure. Key aspects of these laws include:

  • Confidential Reporting Channels: Provisions for confidential reporting channels to allow individuals to report wrongdoing without fear of retribution.
  • Robust Investigations: Procedures in place for conducting thorough investigations into reported wrongdoing.
  • Adequate Remedies for Victims of Retaliation: Measures to protect whistleblowers from retaliation and provide adequate remedies for those who have been victimized.

Upcoming Event: “Beyond Silence: Understanding the Evolution of Whistleblower Protection Laws”

Join us on December 12 for a free webinar, “Beyond Silence: Understanding the Evolution of Whistleblower Protection Laws from the Accountancy Profession’s Perspective.” This event promises to provide further insights into the latest developments in whistleblower protection laws and their implications for professionals working in Gibraltar and beyond.

Resources

The full report is available online, with a French translation also available for download.