Whistleblowing Assessment Quiz

Questions and Answers

Which one of these statements is INCORRECT?

You will be told if you are a Restricted Person.

You will be told if you are deliberately being provided with inside information (making you an Insider).

You will be told if someone in your team has inside information. (correct)

You will be told if you are a PDMR (person discharging managerial responsibility).

What should you do if you are told you are not an Insider or a Restricted person but you are concerned that you might be?

Tell your line manager and leave it for them to sort out.

Contact the CFO AND the General Counsel immediately. (correct)

Just keep quiet - that way the restrictions won't apply to you.

Ask your colleagues if they are Insiders and what information do they have.

Which one of these statements is correct?

Everyone in your team is informed about your insider status.

All PDMRs are automatically insider persons.

Restricted Persons have no obligations regarding insider information.

You may not always know who has inside information. (correct)

If you suspect or become aware of any form of wrongdoing you must:

<p>Report it as soon as you are able to.</p> Signup and view all the answers

Study Notes

Whistleblowing Assessment: Key Statements

An individual will be informed if they are deliberately provided with inside information, qualifying them as an Insider.
Communication will be made regarding whether a team member possesses inside information.
An individual will be notified if they qualify as a Restricted Person.
Notification will also be given if someone is classified as a PDMR (Person Discharging Managerial Responsibility).

Whistleblowing Assessment: Correct Statement Clarification

Correct identification of statements related to whistleblowing context is crucial for understanding roles and responsibilities.

Insider and Restricted Person Concerns

Clarification of status as an Insider or Restricted person is crucial for compliance.
If doubts arise about your status, proactive steps should be taken to address concerns.

Recommended Actions

Do not rely on colleagues for confirmation; assessing their status does not clarify your own.
Ignoring the issue may lead to unintentional violations of restrictions.
Informing your line manager is important, but it should not be the only action taken.
Directly contacting the CFO and the General Counsel is recommended for immediate clarification and guidance.

Consequences of Inaction

Keeping quiet regarding concerns can lead to serious repercussions if found to be in violation of insider trading laws or company policies.
It's essential to address uncertainties openly to mitigate risks associated with insider information.

Whistleblowing Procedures

When suspecting or becoming aware of wrongdoing, it is crucial to take appropriate action.
Initiating a rumor is ineffective and may hinder the investigation process.
Remaining silent can lead to continued misconduct and may have consequences for stakeholders.
Conducting a personal investigation is not advisable; it may compromise evidence or escalate the situation.
The recommended action is to report the wrongdoing as soon as possible to appropriate authorities or designated channels.

Description

Test your knowledge on whistleblowing principles and guidelines. This quiz covers essential statements regarding insider information and restricted persons. Determine which statements are correct or incorrect based on your understanding of whistleblowing policies.