WGPlus (Archive)

They have a great deal to ‘live down’!
The Financial Conduct Authority, alongside the Prudential Regulation Authority, has published new rules in relation to whistleblowing.  These changes follow recommendations in 2013  by the Parliamentary Commission on Banking Standards that banks put in place mechanisms to allow their employees to raise concerns internally (i.e., to ‘blow the whistle’) and that they appoint a senior person to take responsibility for the effectiveness of these arrangements.
Researched Links:

FCA introduces new rules on whistleblowing

FCA confirms approach to improving responsibility & accountability in the banking sector

FCA sets out approach to Non-Executive Directors & the Senior Managers Regime

FSA publishes its Internal Audit Report on: review of the extent of awareness within the FSA of inappropriate LIBOR submissions

A Guide to Public Sector Contact Data Quality