The Prudential Regulation Authority and the Financial Conduct Authority issued Policy Statement 17/7 to finalize rules on whistleblowing protections for staff in UK branches of foreign banks. This document establishes the regulatory framework ensuring that employees of overseas banking groups operating in the UK receive appropriate safeguards when reporting misconduct. The policy addresses the specific challenges faced by foreign bank branches to align their internal reporting mechanisms with UK regulatory standards.
Open consultation: CP16/25 Read more about Open consultation: CP16/25
28/09/2016
Consultation closes
09/01/2017
09/01/2017
Policy statement: PS17/7 Read more about Policy statement: PS17/7
01/01/1970