UK watchdog overhauling how it deals with whistleblowers

Britain's markets watchdog, the Financial Conduct Authority (FCA), said on Sunday it is overhauling its treatment of whistleblowers.

The Financial Times had reported earlier that the FCA had reviewed its practices, which include maintenance of whistleblower confidentiality along with the tracking of intelligence, sharing of information between supervision and enforcement teams and enhancing senior oversight of investigations. Further details are expected to be provided in the new year.