Thomson Financial, in partnership with Allegiance, is providing a service allowing "employees, customers, shareholders and other stakeholders to anonymously and confidentially report unethical and illegal behavior" regarding corporations, according to a joint announcement today.
Thomson integrated into its corporate governance reporting service Allegiance's SilentWhistle technology, which manages the interaction between a whistleblower and corporate management or the board, protecting the anonymity of the whistleblower and allowing the parties to communicate more extensively about the issue, Kevin Wilson, Allegiance director-public relations, and Sally Cates, Thomson vice president-communications, said in interviews.
The Sarbanes-Oxley Act requires establishing procedures for receiving accounting or auditing complaints from employees in a confidential manner, the statement noted.
