Home / News & Insights / Phillips & Cohen In The Media / Articles by Phillips & Cohen / “Opinion: Quebec’s AMF should offer rewards to whistleblowers.”

“Opinion: Quebec’s AMF should offer rewards to whistleblowers.”

Article by Stephen S. Hasegawa published in The Montreal Gazette 3/30/16.

“Both the Ontario Securities Commission (OSC) and the Autorité des marchés financiers (AMF) looked at the same evidence – primarily the whistleblower reward programs in the United States – and reached opposite conclusions.

OSC saw the significant assistance that whistleblowers in the U.S. have provided to expose and stop corporate wrongdoing, and decided to offer monetary rewards as the U.S. programs do, recognizing that blowing the whistle can cost people their livelihoods and that rewards are essential to a successful whistleblower program. This is particularly true for attracting high-level insiders with detailed information about corporate fraud.”

Read the entire article.

Let us help you.
Get a free, confidential case review