The Financial Conduct Authority (FCA) has defended its processes in dealing with whistleblowers saying it acted "properly" by not treating cases from the SME Alliance as whistleblowing matters.
In defence of its procedures, then acting FCA chief executive Tracey McDermott wrote to Treasury Committee chairman Andrew Tyrie on 22 May to explain what it had done was proper after the MP demanded clarity...
And then prepare yourself
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'Following the letter, but not the spirit, of the rules'