Calls to FCA's whistleblower hotline jump 23% in a year

The number of calls to the Financial Conduct Authority (FCA)'s ‘whistleblower hotline' to report suspected malpractice in the financial services industry has jumped 23% in the last year, according to figures obtained by law firm RPC.

The FCA received 4,718 calls from staff at financial services firms to the hotline over the last year to August, - up from 3,834 calls the year before. RPC partner Steven Francis said: "This significant jump in the space of just one year suggests a shift in attitudes within the financial services sector. "Individuals working in financial services who suspect any wrongdoing by their colleagues are more aware than ever of their personal responsibility to report it. "If they are an ‘approved person' by the FCA then they have a duty to act with integrity, which means they could be held...