- Raiseaconcern.com Easy Guide to the Protected Disclosures Act 2014
- Protected Disclosures Act 2014 – The Legislation
- Protected Disclosures Act 2014 – Explanatory Memorandum issued by the Oireachtas
- Protected Disclosures Act 2014 - Guidance issued under S.21(1) by Department of Public Expenditure & Reform assisting public bodies in the performance of their functions under the PDA
- Corporate Governance Code on raising concerns
- Section 19 Criminal Justice Act 2011 - Duty to Report
Corporate governance code on raising concerns
Audit Committees of Public Limited Companies listed on Stock Exchanges in the United Kingdom and Ireland must comply with certain Guidelines regarding oversight of processes for employees to raise concerns about wrongdoing. These provisions are set out in Section C3.5 of the Corporate Governance Code issued by the Financial Reporting Council. The Code is followed in Ireland on a "comply or explain" basis by companies listed on the Main Securities Market of the Irish Stock Exchange.
The Code states : "The audit committee should review arrangements by which staff of the company may, in confidence, raise concerns about possible improprieties in matters of financial reporting or other matters. The audit committee's objective should be to ensure that arrangements are in place for the proportionate and independent investigation of such matters and for appropriate follow up action".
Where such processes are not in place, companies must explain in their published accounts why this is the case.
For the full provisions of the Code, see :
