Financial Crime World

TOKELAU WHISTLEBLOWER PROTECTION LAWS AIM TO FIGHT FINANCIAL CRIMES

A significant milestone in the fight against financial crimes was reached in Tokelau when the Whistleblowers’ Protection Law was enacted in 2018, with modifications and improvements made in 2020. The law provides a robust system of protections and incentives for whistleblowers who come forward to disclose information about acts of corruption.

Protecting Whistleblowers

Whistleblowers are afforded strong legal safeguards to protect them from threats and harm. Their identities can be kept secret under heavy penalty, shielding them from potential retaliation. Furthermore, the law extends protection to:

  • Family members
  • Employees, including legal assistance and financial compensation in the event of harm or damage suffered

Incentives for Whistleblowers

Incentives are also offered to whistleblowers who come forward with information about corruption. They may receive a percentage (up to 5%) of the funds saved or recovered by the State, provided they did not participate in the crime. Additionally, whistleblowers can benefit from:

  • Criminal exemptions if they disclose information before authorities discover the act of corruption
  • Reduced sentences if disclosure occurs later

Comprehensive Framework for Protection

The Whistleblowers Protection Law No83-2018 and its amendment, No182-2020, provide a comprehensive framework for protecting those who speak out against financial crimes. As Tokelau continues to tackle corruption, these laws play a crucial role in ensuring that individuals feel empowered to come forward without fear of reprisal.

Resources

For more information on the Whistleblowers Protection Law and anti-corruption efforts in Tokelau, interested parties can access relevant resources by clicking on the provided links.