A ‘whistleblower’ is a person who exposes or brings to public attention an irregularity or a crime, especially from within an organisation.
Through your dealings with an APRA-regulated financial institution, or as a result of your employment in the finance sector, you may become aware of information that leads you to believe there has been misconduct by an institution or its staff which gives you concern about the way that institution is meeting its prudential requirements. Such misconduct may include:
- failure to comply with a legal duty;
- gross mismanagement or waste;
- dishonest or unethical behaviour by an individual; or
- fraud or other type of criminal behaviour.
All information that is provided in good faith by a member of the public is appreciated in that it assists APRA to carry out its regulatory function in a more effective and efficient manner.
APRA will accept information anonymously. However if you are providing information to APRA it is preferable that you provide your contact details to assist in any investigation into the matter.
When anonymous information is received by APRA it is given to a senior manager to consider and investigate the allegations. Due to the legal provisions that restrict the type of information APRA may disclose to the public, any specific outcome arising from the complaint is unlikely to be publicly released unless some formal enforcement action occurs.
For further information go to:
Providing information on the institutions APRA regulates
Providing feedback on the performance of APRA
To provide information to APRA online, go to the online information form