To address the fragmentation (or lack) of whistleblowing law in Europe, the E.U. has sought to harmonize whistleblowing protection with a new directive. Meanwhile, the U.K. government has stated it does not intend to implement the directive in light of the U.K.’s withdrawal from the E.U. In a guest article, Sidley attorneys Sara George, David Smith, Lauren Cuyvers and Isaac Lara contrast the position under the new directive and in the U.K. with the position in the U.S. where, unlike in Europe, financial incentives are available to whistleblowers in certain circumstances. The article considers recent developments and enforcement trends, and it provides practical steps organizations can implement to help ensure robust and effective whistleblower protection and, in turn, minimize the risks associated with wrongdoing. See “SEC and CFTC Whistleblower Awards Continue to Grow
” (Jan. 17, 2019).