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“Whistleblowing Office” in the SEO

In line with IOSCO’s standards and also to enhance transparency and prevent mis-buying, mis-selling and dissemination of mis-information, the SEO established the “Capital Market Whistleblowing office” on 4 November 2019. The SEO Board of Directors have also set rewards for whistleblowers.

 In line with IOSCO’s standards and also to enhance transparency and prevent mis-buying, mis-selling and dissemination of mis-information, the SEO established the “Capital Market Whistleblowing office” on 4 November 2019. The SEO Board of Directors have also set rewards for whistleblowers.

The main field of the activities of this office in the SEO are as follows:

·         To set a platform to report capital market misconducts,

·         To identify current legal gaps and to propose how to amend,

·         To study, follow up, and report the received complaints regarding capital market misbehaviors, and

·         Legal protection and dedicating rewards to whistleblowers, based on the authenticity, helpfulness and relevance of the report.