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United Kingdom Financial Conduct Authority (FCA) Whistleblower Protection Policies

BCLP

Incentivising Whistleblowers: What Does the Future Hold in the UK and the US for Whistleblower Protection and Incentivisation?

BCLP on

In the UK, it has not historically been part of the fabric of our legal and regulatory system to pay whistleblowers who provide evidence to authorities who are investigating potential breaches of law or regulation....more

American Conference Institute (ACI)

U.K. Parliament Giving Whistleblower Protections a Fresh Review

Recent legislative developments in the United Kingdom, public remarks from the new director of the UK Serious Fraud Office (SFO), and recent parliamentary hearings on the Post Office Horizon scandal put a spotlight on...more

Littler

Regulatory Roundup – Key Developments in UK Financial Services

Littler on

In this article, we share a round-up of the key developments from a regulatory perspective for HR Professionals in UK financial services firms. This covers expected changes to the SMCR regime, regulatory remuneration...more

Jones Day

Jones Day Cross-Border Investigations Series 2023 - Issue 1 : Whistleblowing

Jones Day on

While there are a number of ways in which organizations may become aware of potential wrongdoing internally, perhaps the most significant for its legal and compliance teams is internal reporting, or “whistleblowing,” by...more

NAVEX

Ethics, Risk and Compliance Roles in the U.K. – Part 1

NAVEX on

We were delighted to interview Kevin Parle – Fellow of the International Compliance Association (ICA) and Deputy Chair of the Data Protection Forum – for insights and observations of whistleblowing roles within U.K....more

Hogan Lovells

World Whistleblowers Day – Is Your Organisation Prepared For A Whistle-Blower?

Hogan Lovells on

Observed every 23 June, World Whistleblowers Day was created by a group of non-governmental organisations to raise public awareness of the rights and protections of whistleblowers, and to tackle global corruption....more

K2 Integrity

Fixing Integrity in Top-Level Sports: Applying Lessons from the Financial Services Sector

K2 Integrity on

Over the past decade sport globally has had a number of high-profile public scandals, namely in doping and abuse. In the UK, British Gymnastics has been placed under the microscope for reports of abuse; a doping scandal has...more

BCLP

Emerging Themes in Financial Regulation 2020

BCLP on

Under the Senior Managers and Certification Regime (“SMCR”), firms are required to identify and report to the FCA any instances of disciplinary action taken in relation to conduct that would amount to a breach of one of the...more

Hogan Lovells

New EU Whistleblowing Directive – what UK financial services firms need to know

Hogan Lovells on

On 7 October 2019, the Council of the European Union formally adopted a new Directive on the protection of persons who report breaches of Union law. The Directive was published in the Official Journal of the European Union on...more

White & Case LLP

Blowing the whistle on inadequate protections: How does the new EU Whistleblower Directive improve on existing legislation?

White & Case LLP on

'Whistleblower' is a widely used term. However, what it means and the protections a whistleblower might receive are by no means universal. Whistleblowers have been a regular presence in the news over recent years, from...more

BCLP

Funds First seminar – responding to a regulatory incident in the new world of SMCR

BCLP on

At our recent Funds First seminar we shared some technical and market issues and updates on the Senior Managers and Certification Regime (SMCR) and the FCA’s current cross-sector focus on culture. This briefing sets out some...more

A&O Shearman

UK Conduct Regulator Wants Improvements to Banks' Whistleblowing Arrangements

A&O Shearman on

The U.K. Financial Conduct Authority has published the outcome of its review of firms' whistleblowing arrangements. The FCA has reviewed how retail and wholesale banks have implemented its whistleblowing rules by looking at...more

A&O Shearman

Financial Conduct Authority Publishes Policy Statement on Whistleblowing in UK Branches of Foreign Banks

A&O Shearman on

The Financial Conduct Authority has published a Policy Statement introducing final rules on whistleblowing requirements for UK branches of overseas (EEA and third country) banks...more

NAVEX

Exposing Bad Practice in Financial Services – Are New Whistleblowing Regulations Working towards Encouraging a Culture of...

NAVEX on

September 2016 saw the enforcement of new rules by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) that aimed at increasing confidence amongst financial services employees and encouraging...more

NAVEX

UK Financial Services Whistleblowing Regulation Survey: Assessing The Impact Of The FCA/PRA Senior Managers Regime Whistleblowing...

NAVEX on

NAVEX Global partnered with an independent research firm to survey compliance professionals from the UK Financial Services industry about their approach to whistleblowing and incident reporting. Our findings provide insight...more

WilmerHale

Money talks: should the UK introduce financial incentives for whistleblowers?

WilmerHale on

In the years since the financial crisis, the topic of whistleblowing has been high on the public agenda. At the 2016 Anti-Corruption Summit earlier this year, the UK government committed to “providing effective protections...more

Seyfarth Shaw LLP

Financial Services - Preparing Your Global Workforce for the New UK Whistleblowing Regime

Seyfarth Shaw LLP on

New rules on whistleblowing have come into effect which impact certain Financial Conduct Authority (FCA) and Prudential Regulatory Authority (PRA) regulated financial services firms. The aim of these rules is to promote a...more

A&O Shearman

UK Regulators Propose Extending Some of Their Whistleblowing Requirements to UK Branches of Overseas Banks

A&O Shearman on

The Prudential Regulation Authority and the Financial Conduct Authority launched separate consultations on proposals to extend some of their whistleblowing requirements to UK branches of non-EEA banks. The proposals do not...more

Latham & Watkins LLP

CFTC Proposes New Enforcement Authority and Other Amendments in Its Whistleblower Program

Latham & Watkins LLP on

Mirroring existing SEC authority, the CFTC’s proposal would allow it to impose sanctions for retaliation against whistleblowers. On August 30, 2016, the US Commodity Futures Trading Commission (CFTC) published proposed...more

NAVEX

Concerns on the New UK Whistleblower Rules

NAVEX on

The U.K.’s Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) recently began rolling out new whistleblower rules, with which financial organisations will be required to comply. These rules have not...more

NAVEX

Are Concerns About the UK’s New Whistleblower Rules Misplaced?

NAVEX on

In early April, the UK’s Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) began rolling out new whistleblower rules, with which financial organisations will be required to comply. These rules have...more

NAVEX

New UK Whistleblower Rules: A Roadmap

NAVEX on

Financial firms in the UK are grappling with new whistleblower requirements aimed at helping to prevent another financial crisis. And while many in the financial community are nervous about the new requirements, we believe...more

Dechert LLP

The Year to Review Your Whistleblowing Policy

Dechert LLP on

This year, the UK Financial Conduct Authority (FCA) has placed an increased emphasis on whistleblowing activity, both in relation to whistleblowing within authorised firms and the process of whistleblowing to the regulator....more

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