The Financial Conduct Authority has launched a probe into the treatment of Epstein whistleblower Simon Andriesz after he took his own life.
The British Banker highlighted alleged links between the late sex offender Jeffrey Epstein and US commerce secretary, Howard Lutnick. Transparency Task Force confirmed Andriesz died last month aged 57.
The banker alleged wrongdoing at a Wall Street brokerage formelt run by Lutnick and now the regulator has come under fire over whether is was supportive enough over allegations of retaliation by his former employer sufficiently seriously.
A cross-party group of MPs warned Andriesz death raised “deeply troubling questions” and called for an external inquiry into the FCA’s handling of whistleblowers. The politicians said the regulators should not be “marking their own homework” on this issue.
In a statement the FCA claimed it had asked former Bank of England official Lea Patterson to lead the the review examining “how we [the FCA] interacted with Mr Andriesz to learn any lessons for the future”. He recently joined the regulator’s board as a non-executive.
They said: “We are very sorry to hear of Mr Andriesz’s death. Our thoughts are with his family and friends”, confirming it is aiming to publish the conclusion of its internal review by the end of the year.
An FCA spokesperson added: “Since expressing our condolences, we’d asked Lea Paterson, who has just joined our board as a non-executive director, to review how we interacted with Mr...
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