This webinar session explored how U.S. transnational laws (like the FCPA and AML Acts) serve as powerful tools for international whistleblowers, journalists, and NGOs to expose corruption and receive significant financial protection.
Key Takeaways:
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Global Jurisdiction: U.S. whistleblower laws are transnational. They cover bribes paid outside the U.S. by non-U.S. companies, and whistleblowers do not need to be U.S. citizens to qualify.
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Proven Impact: These laws have successfully recovered over $24 billion in sanctions from corrupt actors globally, with over $2 billion paid out in whistleblower compensation.
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Role of Media & NGOs: Journalists and NGOs can qualify for awards as “analysts” by providing original analysis of public information, rather than just “insider” knowledge.
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Critical “Voluntary” Rule: To remain eligible for an award, you must file a formal complaint (TIP form) before the government contacts you. Attorneys advise filing immediately before or after publishing a story to avoid disqualification.
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Zero Financial Risk: Representation is typically handled on a contingency basis; whistleblowers and NGOs pay no upfront legal fees and face no risk of “slapp” suits or countersuits under this framework.
The panel urges support for a new resolution at the UN Convention Against Corruption (CoSP11) to push other nations to adopt these effective, enforceable whistleblower tactics.