| dc.description.abstract | White collar crimes in the context of
commercial law primarily carry the
structures of money laundering, capital market
malpractices, terrorist financing and
falsification of financial statements. As these
crimes pose a grave menace upon the economy
of a country, Sri Lanka which is currently
undergoing a massive economic crisis needs to
pave its attention to prevent these crimes of
privilege by safeguarding the employees who
are willing to disclose but are hesitant to blow
the whistle owing to the dread of retribution by
their top management. In order to determine
the efficacy of the law and to examine the
concerns with its regulatory oversight, this
article showcases the author's research findings
from the assessment of the pertinent legal
provisions made in relation to the security of
whistle-blowers in the United Kingdom by
additionally serving the purpose of comparing
the British law with that of Sri Lanka to
ultimately make recommendations based on the
relevant provisions and to adopt them into the
Sri Lankan legal system. The library research
approach was applied to accomplish this
objective, and the qualitative data that were
retrieved from statutes, case laws, books, and
journal articles proved how inadequate the
statutory protections for whistleblowers in Sri
Lanka are. For the fulfillment of analytical
objectives, the methodology of International
Comparative Research was adopted by citing UK
case laws and statutes, ILO treaties, and UN
conventions. Finally, the article is concluded
with the principal recommendation of
implementing an independent legislation on
Whistle-blowers Protection modelled after the
UK’s Public Interest Disclosure Act 1998 by
discussing certain additional recommendations
to uplift the established standards laid under the
provisions of Public Interest Disclosure Act. | en_US |
