fca231 ethics professional conduct and liability whistleblowing program

JP Morgan Chases Hiring practices have been under scrutiny! Some suggests that JP Morgan Chase is simply following cultural practice of focusing on building relationship with one of the biggest emerging investment market in the world. Other suggests that it is bribery & corruption.
How is hiring the next generation of Chinese elites different from practices here in North America. Is it the same as Clintons daughter securing a job at a hedge fund company?
What are some of the moral principles involves here and what are some of the consequences of this practice? How does any company stay competitive if others choose to conduct unethical business practices?
Whistleblowing
Whistleblowing policy allows individual to report unethical/illegal practices within an organization
What are some of the critical success factors of a whistleblowing program?
Review the OSC Whistelblowing system. What are some of the issues and concerns about this system from a financial institutions standpoint?

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