Encouraging Internal Reporting to Mitigate COVID 19-Related Risk

As the COVID‑19 pandemic continues to strain businesses around the world, it will also put many of their shortcomings on display. Intense business pressure to recoup lost earnings combined with internal controls gaps caused by remote working and travel bans will increase the risk of fraud and exacerbate the effects of any lack of focus on controls and culture. In a guest article, Amanda Raad, Sean Seelinger and Zaneta Wykowska of Ropes & Gray argue that, during these challenging times, companies should reevaluate their internal reporting programs to ensure that employees and third parties feel safe and empowered to blow the whistle on wrongdoing when they see it. They analyze the current whistleblower protection legal landscape and offer best practices for encouraging internal reporting during the pandemic. See “Whistleblowers’ Impact on Corporations and SEC Enforcement” (Nov. 13, 2019).

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