FCA Whistleblowing Guidelines: Is Your Business Ready?

The Financial Conduct Authority (“FCA”) and the Prudential Regulation Authority (“PRA”) have introduced new rules on whistleblowing which will take effect from 7 September 2016.  All businesses who are deposit-takers with over £250m in assets, as well as PRA designated investment firms and insurers, will need to comply. This note explains the new rules.