FCA ‘strengthens’ internal whistleblowing policy after backlash Banking The Financial Conduct Authority (FCA) has said it will look to strengthen its internal whistleblowing policy after intense criticism over its handling of complaints from former staff. The City regulator said today it will clearly lay out how its chair and other non-executives can internally share information about whistleblowers in order to protect their confidentiality [...]
FCA chair cleared of wrongdoing in whistleblowing case Markets Financial Conduct Authority (FCA) chair Ashley Alder has been cleared of wrongdoing after an investigation over his handling of a whistleblower complaint. Last month, a former employee of the FCA claimed that Alder had failed to keep their identity secret, with a second former employee coming forwards with a similar allegation shortly afterwards. The FCA [...]
FCA chiefs set for Westminster grilling over ‘name and shame’ plans City of London The grilling will be the latest in a series of skirmishes between the regulator and Westminster after Chancellor Jeremy Hunt waded into the debate this week, urging the FCA to “re-look” at the measures.