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FCA dealt with less than a quarter of whistleblower cases received in 2021/22

Economic difficulties causes whistleblowers to clam up

For the period between April 2021 and March 2022, more than three quarters of the whistleblower submissions received by the Financial Conduct Authority are still under assessment.

In figures seen by Post, 1041 cases were received by the FCA between April 2021 and 31 March 2022.

As of 20 April 2022, 801 of those cases were still under assessment, and only three cases had seen

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FCA vows to keep pressure on premium finance APRs

The Financial Conduct Authority has said it will “continue to put pressure” on companies offering premium finance in a bid to continue lowering annual percentage rates after revealing the impact its enforcement action has had so far.

FCA’s Knight insists CPD changes are not a relaxation

The Financial Conduct Authority’s decision to ditch its 15-hour-per-year continuing professional development requirement for insurers should not be viewed as a relaxation of standards, according to the regulator’s director of insurance, Chris Knight.

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