The Treasury Committee used its session with FCA CEO Nikhil Rathi to press him on the upcoming review of its handling of whistleblowers.
Committee chair Meg Hillier began by noting the case of Simon Andriesz, who reportedly died by suicide following a protracted whistleblowing case. She then asked Rathi to explain the selection of FCA non-executive director Lea Paterson to lead the review, rather than an external third party. Rathi expressed the FCA's condolences regarding Andriesz. He then said he considers the FCA board to be independent of the executive, and noted independent non-executive directors are appointed by the Treasury. He added that Paterson is new to the regulator, having only joined the board on the ...
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