UK: ANALYSIS SHOWS WHISTLEBLOWING REPORTS TO THE FCA DROPPED BY 9% BETWEEN 2019 AND 2020, LIKELY BECAUSE OF REMOTE WORKING

A release on Mondo Visione on 24 May advised that research by Kroll showed that whistleblowing reports to the FCA dropped by 9% between 2019 and 2020, likely because the majority of the UK’s workforce left the office and operated remotely.  However, by contrast, the SEC experienced its largest ever number of whistleblower reports for a fiscal year in 2020, with an increase of 32%. Many US states had limited or no lockdowns, and this may explain the continuing increase in reports which had also been seen in the UK prior to 2020.

https://mondovisione.com/media-and-resources/news/kroll-analysis-shows-that-whistleblowing-drops-for-first-time-in-5-years-as-remo/

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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