FCA launches whistleblowing campaign after pandemic dip in reports

With the number of whistleblowing reports to the regulator having declined amid unprecedented levels of homeworking, the Financial Conduct Authority has invested in increased headcount and resourcing to support whistleblower interaction. Neil Robson discusses the regime.

Neil Robson is a financial services regulatory compliance partner at law firm Katten in London and may be contacted on neil.robson@katten.co.uk. He would like to thank Ciara McBrien for her input in preparing this article.

The FCA has recently launched a new whistleblowing campaign to encourage individuals working in the United Kingdom’s financial services industry to provide confidential reports of potential wrongdoing to the regulator. As part of the campaign, the FCA emphasises the importance of whistleblowers feeling safe and reporting their concerns “ in confidence, with confidence”. [1]