The Dodd-Frank Act Together With Factors Unique to China Combine to Create the Perfect Storm

    View Authors August 2010

    With whistleblower provisions of the US False Claims Act bringing in more than US$24 billion in recoveries in just over two decades, it is expected that the whistleblower incentives of the Dodd-Frank Wall Street Reform and Consumer Protection Act will prove equally formidable. In this article Rebekah J. Poston, partner in the Squire Sanders Miami office, discusses the whistleblower provisions of the Dodd-Frank Act and the importance of employers knowing how not to retaliate. She also discusses the strict standards in China for disciplining employers and the necessity for incorporating specific behavioral standards in company manuals and employment agreements. As Ms. Poston notes, “companies must provide the safe, secure and confidential avenues to accommodate whistle-blower complaints and encourage such reporting.”

    Reprinted with permission from Complinet Group Ltd., a Thomson Reuters business.