The FCA and the PRA have published a joint consultation paper (FCA CP15/4 and PRA CP6/15) on whistleblowing in deposit-takers, PRA-designated investment firms and insurers. The joint consultation paper sets out proposed changes to the Senior Management Arrangements, Systems and Controls sourcebook (SYSC), which would require that firms: put in place internal whistle-blowing arrangements; inform […]
Read MoreFCA materials on whistleblowing
The FCA has published a number of webpages providing information on whistleblowing. The webpages cover the following topics: how to be a whistleblower; whistleblowing law and rights of whistleblowers; and how the FCA uses whistleblowing information. The FCA has also expanded and updated its main webpage on whistleblowing. The main webpage information on how to […]
Read MoreTransparency International’s (TI) report on whistle-blowing in Europe
November 5th saw the publication of Transparency International’s (TI) report on whistle-blowing in Europe and the legal protections that exist across the countries surveyed. TI vigorously make the case that whistle-blowers are extremely valuable to society, in that they are crucial in exposing all manner of criminal conduct, wrong-doing and malfeasance in both the public […]
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