FIN.

FCA encourages individuals to report wrongdoing

The FCA has launched its campaign ‘In confidence, with confidence’ to encourage individuals working in financial services to report potential wrongdoing to the FCA.

The campaign highlights circumstances which might warrant speaking to the FCA, outlines the confidentiality processes in place to protect whistleblowers’ identities and provides resources (including a digital toolkit and leaflet) for industry bodies, consumer groups and whistleblowing groups to share internally with their employees.

Firms are reminded that they must have effective arrangements in place for their employees to raise concerns, and to guarantee these concerns are handled appropriately and confidentially. 

Hannah Frost