Barclays boss fined more than £640,000 in whistleblowing case

In the first case brought by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) under the Senior Managers & Certification Regime, the regulators also stipulated Barclays must submit an annual report detailing how it handles whistleblowing, with personal statements required from senior managers responsible for the relevant systems and controls. These measures, which apply to all cases until the end of 2020, are the first of their kind applied to a regulated firm in relation to whistleblowing. Staley attempted to identify the author of an anonymous lette...