FSA Chairman Howard Davies made clear the regulator's seriousness in expecting firms to put int...
FSA Chairman Howard Davies made clear the regulator's seriousness in expecting firms to put internal whistleblowing procedures into place today. Davies warned that if guidance due for issue in the New Year does not lead to the higher standards anticipated he wouldn't hesitate to consider making rules under the FSM Act. Davies made the comments speaking at the Securities Houses Compliance Officers Group conference today. He said: "Any evidence we get that a firm has acted to the detriment of an employee who has made a disclosure which is protected by whistleblowing legislation could ca...
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