On 11 May 2020, Practical Law published a new practice note, written by Polly James, a partner in our Investigations, Financial Regulation and White Collar practice group, on whistleblower frameworks for financial institutions.

Financial institutions should regularly review their whistleblower frameworks for two main reasons:

..to ensure that the frameworks reflect the most up to date regulatory guidance, and

..to protect themselves and those with specific responsibilities for managing the frameworks from regulatory scrutiny and sanctions.