The UK's Financial Conduct Authority (FCA) is taking steps to improve the confidence of whistleblowers, primarily by enhancing interaction. The regulator will provide more details to whistleblowers on steps taken based on the shared information.
The financial watchdog will improve the use of whistleblowers' information and improve ways of capturing the information.
"We need the intelligence whistleblowers provide to identify and act on problems in the firms we regulate," said Therese Chambers, the Executive Director of Enforcement and Market Oversight at the FCA.
"We want to make sure we're capturing and using the information provided by whistleblowers as effectively as possible, and to give them as much information as the law allows on how we have acted on their concerns."
Equinix, Inc. (Nasdaq: EQIX), which provides digital infrastructure in the financial services industry, reported revenue of $2 billion for the first quarter of 2023. The figure came in 15 percent higher year-over-year and 7 percent greater than the previous quarter.
The company ended the three months with a net income of $259 million, which doubled quarter-over-quarter. EBITDA at $944 million was 13 percent higher than the previous quarter, with an adjusted margin of 47 percent.
The Trump administration’s fraud prosecution of the Southern Poverty Law Center is set for arraignment on Thursday afternoon. Ahead of the scheduled court appearance in Alabama, defense lawyers fo...