Navigating Whistleblower Protections Across The Atlantic

Law360, New York (December 5, 2017, 11:18 AM EST) -- Americans are used to thinking that the American legal system was developed separately from its origins in Great Britain's common law system. However, the parallel developments of protections for whistleblowers and development of requirements for corporate governance reveal more similarities than differences.

In the wake of the 2007 subprime mortgage crisis in the United States that precipitated the global financial crisis, American lawmakers sought to curb financial firms' risk-taking through the enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. The act afforded broad protection to whistleblowers, in light of their ability to "provide a vital early...

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