Whistleblowing Framework Debate
Full Debate: Read Full DebateDepartment: Department for Business and Trade
Viscount Waverley
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Whistleblowing Framework
Viscount Waverley Excerpts(1 year, 7 months ago)
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The Earl of Minto (Con)
The noble Lord has asked a lot of questions. The regulators and the level of consistency in reporting are absolutely part of the brief. The review is not currently structured to look at the question of a department of the whistleblower but, as I said in my Answer, I believe that that may well be a recommendation that comes out of it. I am afraid I cannot remember what the other question was.
Viscount Waverley (CB)
My Lords, maybe I can help the Minister out on this point by following on from the question from the noble Lord, Lord Browne, and asking what consideration has been given to replicating what is done in the United States in offering financial incentives? Different levels of compensation are paid out commensurate with the quality of information on economic crimes and for the strengthening of sanctioning regimes overall.
The Earl of Minto (Con)
My Lords, at the moment the Government do not think that financial incentives to whistleblow are an appropriate way to take this review or any future interest forward.