Whistleblowing Across the Globe
Throughout the past decade, American media outlets have highlighted whistleblowing as a key element in the prosecution of historical corporate fraud scandals. Whistleblowing may be the most effective fraud-detection device available to investigators; knowledgeable employees within a company can lead investigators directly to the source of fraudulent activity. U.S Whistleblowing Developments

Several recent events within the U.S provide evidence that initiatives to further develop national whistleblowing policies are truly worthwhile. The Dodd-Frank Wall Street Reform Act, signed into law by President Obama on July 21st, 2010, provisioned monetary rewards for whistleblowers. In order to be eligible for a reward, an individual must voluntarily submit original information to authorities; the information must contribute to the process of new a investigation in a manner that would not be possible without knowledge from the informant. If the investigation yields federal sanctions, or penalties, of $1,000,000 or more, the informant will be awarded an amount equal to 10%-30% of the fine(s) collected. (Annual Report on the Dodd-Frank Whistleblower Program; SEC Issues First Whistleblower Program Award). The Dodd-Frank Act also accomplished several other objectives: it enhanced protection of the identities of whistleblowers, allowed foreign nationals within the U.S to qualify for the same reward program as U.S citizens, and designated a separate office, under supervision of the Securities and Exchange Commission, responsible for processing tips. (International Whistleblower Protections). In 2011, the Office of the Whistleblower at the SEC received approximately eight tips per day, including several tips from China and the United Kingdom (Annual Report on the Dodd-Frank Whistleblower Program). In August 2012, an anonymous whistleblower received