Hotline
Term · Insurance and risk management · MLC-T-INS-001752
A confidential communication channel for employees and other stakeholders to report suspected misconduct, unethical behavior, or violations of law or company policy. It is a key component of an organization's corporate governance and compliance program, allowing for the early detection of issues like fraud, harassment, or safety violations. The Sarbanes-Oxley Act of 2002 requires that audit committees of public companies establish procedures for such anonymous reporting.
| Identifier | MLC-T-INS-001752 |
|---|---|
| Field | Insurance and risk management |
| Subject | Employment Practices Liability |
Record as JSON
{
"id": "MLC-T-INS-001752",
"term": "Hotline",
"field": "Insurance and risk management",
"definition": "A confidential communication channel for employees and other stakeholders to report suspected misconduct, unethical behavior, or violations of law or company policy. It is a key component of an organization's corporate governance and compliance program, allowing for the early detection of issues like fraud, harassment, or safety violations. The Sarbanes-Oxley Act of 2002 requires that audit committees of public companies establish procedures for such anonymous reporting.",
"subject": "Employment Practices Liability",
"url": "https://mlchart.com/terminology/insurance/hotline/"
}
Record 1,653 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.