Whistleblowers make 2,754 separate allegations of financial misconduct to FCA

Around £190m in financial penalties had been handed out

Pedro Gonçalves
clock • 2 min read
FCA report shows there are 184 individuals and firms under investigation for carrying out unauthorised business
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FCA report shows there are 184 individuals and firms under investigation for carrying out unauthorised business

A total of 2,754 separate allegations of misconduct, including fraud, money laundering and compliance complaints have been logged with the Financial Conduct Authority (FCA), with 184 individuals and firms currently under investigation for carrying out unauthorised business.

The data from the FCA's newly published Annual Report and Accounts 2020/21, analysed by a Parliament Street think tank, details the allegations, which were provided by a total of 1,046 whistleblowers in...

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