General Studies · Banking Ethics
What is the primary ethical purpose of a robust whistleblowing mechanism in a bank?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To eliminate the need for an internal audit department
- 2To punish employees who fail to meet sales targets
- 3To provide a secure channel for employees to report unethical, illegal, or non-compliant activities safely✓
- 4To allow employees to monitor the personal online habits of coworkers
Correct answer
To provide a secure channel for employees to report unethical, illegal, or non-compliant activities safely
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