Corporate Whistleblowing and Regtech: the Coming of the Whistlebot?

The recent evolution of corporate whistleblowing has demonstrated the capacity of effective internal whistleblowing systems to support regulatory aims. In light of this, the potential impact of fast-developing ‘RegTech’ applications on corporate whistleblowing activity has significant regulatory implications. While ‘first’ generation RegTech applications such as improved data analytics already have the capability to assist corporations to implement more efficient internal whistleblowing systems, the rise of second-generation AI-powered RegTech technologies is likely to further disrupt, and potentially transform, the practice of whistleblowing in corporations. As AI advances, internal corporate whistleblowers may be supplemented, or even replaced, by ‘whistlebots’ with the ability to report autonomously, with dramatic implications for the role of whistleblowing as a corporate regulatory device. My recent article considers the implications of RegTech for whistleblowing and asks what the future of automated whistleblowing might be.