Learn More - Click Here!

New Reply Thread Options
#1615211 - 10/13/11 02:58 PM Whistleblower Notices & Policy???????
BSBIA Offline
New Poster
Joined: Dec 2009
Posts: 21
We have whistleblower notices posted throughout the bank stating the contact info of the Chairman of the Audit Committee. Our CEO is upset that customers and employees are using this line of communication to complain about his managment behavior (none of which is illegal). He wants the notices removed. Is there a law requiring that these notices are posted? Should we revise the wording to specify "illegal activities"? Any tips would be helpful.

Return to Top Reply Quote Quick Reply Quick Quote
#1615220 - 10/13/11 03:07 PM Re: Whistleblower Notices & Policy??????? BSBIA
ACBbank Offline
Power Poster
ACBbank
Joined: Jul 2006
Posts: 4,138
New York City
I'm sorry I can't help on that matter, but this post just made my morning. I almost choked on my coffee smile
_________________________
"100 victories in 100 battles isnt the most skillful. Subduing the other's military w/o battle is the most skillful." Sun-Tzu

Return to Top Reply Quote Quick Reply Quick Quote
#1615528 - 10/13/11 06:58 PM Re: Whistleblower Notices & Policy??????? ACBbank
DeeQ Offline
10K Club
DeeQ
Joined: Dec 2002
Posts: 40,762
Turnpike Exit 10
Whistleblower notices are required to be given to employees under Sox. The notice may be placed in the lunchroom...

I agree with ACB, that is pretty funny, tho!
_________________________
Get your facts first, then you can distort them as you please. - Mark Twain

Return to Top Reply Quote Quick Reply Quick Quote
#1615657 - 10/13/11 08:51 PM Re: Whistleblower Notices & Policy??????? DeeQ
renniks Offline
Diamond Poster
renniks
Joined: Sep 2003
Posts: 2,162
New England
I just finished training all employees on the Whistleblower Policy. I made it very clear in the training what activities the policy covered and what activities the policy didn't cover. We haven't had any problems so far......

I don't know about the posting of notices. We are not publicly traded so SOX does not apply to us overall, but apparently the Whistleblower provision does apply to mutual institutions.

Return to Top Reply Quote Quick Reply Quick Quote
#1615741 - 10/14/11 05:08 AM Re: Whistleblower Notices & Policy??????? BSBIA
Princess Romeo Offline

Power Poster
Princess Romeo
Joined: Jun 2001
Posts: 8,272
Where the heart is
Originally Posted By: BSBIA
We have whistleblower notices posted throughout the bank stating the contact info of the Chairman of the Audit Committee. Our CEO is upset that customers and employees are using this line of communication to complain about his managment behavior (none of which is illegal). He wants the notices removed. Is there a law requiring that these notices are posted? Should we revise the wording to specify "illegal activities"? Any tips would be helpful.


Gee your boss sounds familiar.
_________________________
CRCM,CAMS
Regulations are a poor substitute for ethics.
Just sayin'

Return to Top Reply Quote Quick Reply Quick Quote
#1616728 - 10/18/11 01:25 PM Re: Whistleblower Notices & Policy??????? Princess Romeo
BSBIA Offline
New Poster
Joined: Dec 2009
Posts: 21
I thought you would all enjoy!

Return to Top Reply Quote Quick Reply Quick Quote
Quick Reply:
HTML is disabled
UBBCode is enabled




Moderator:  MagicCity, P*Q, Truffle Royale