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Constantine Cannon Partner Mary Inman Weighs in on UK Financial Watchdog’s Whistleblower Team

Posted  April 4, 2019

Constantine Cannon attorney Mary Inman recently weighed in on the U.K. Financial Conduct Authority’s leanly staffed whistleblower office, which employs seven individuals and runs on less money than the Financial Conduct Authority (FCA) provides its chief executive in annual salary. In contrast, the U.S. Securities and Exchange Commission employs 21 people in its Office of the Whistleblower, which not only evaluates whistleblower tips, but also has the authority to provide financial rewards to those who bring wrongdoing to light. Of the U.K. FCA’s staff of seven, Inman said: “London is the beating heart of the global banking system and to me having 12 people in the whistle-blowing team is the bare minimum I would expect them to have.”

Read the full article here: https://www.bloomberg.com/news/articles/2019-04-03/u-k-regulator-spent-more-on-ceo-pay-than-aiding-whistle-blowers


Tagged in: CC Lawyers, International Whistleblowers,