The UK Government recently published a consultation on whether the whistleblowing regime established through the Public Interest Disclosure Act 1998 (“PIDA”) should be revised and updated. PIDA amended the Employment Rights Act 1996 (“ERA”) to protect workers who report wrongdoing from dismissal and other forms of retaliation by their employer. This second article considers the consultation’s proposals for a scheme to financially reward economic crime whistleblowers.
The Serious Fraud Office (“SFO”) is developing proposals for a scheme (“the Scheme”) that would reward people who provide them with information about economic crime (“economic crime whistleblowers”). The aim is to encourage more people to come forward with information, strengthening the SFO’s ability to investigate and prosecute serious fraud, bribery and corruption.
In Jonathan Fisher KC’s Independent Review of Disclosure and Fraud Offences published in July 2026 (the “Fisher Review”), he recommended that the government legislate to allow the SFO to introduce such a Scheme. Fisher recommended that there should be a consultation on the detailed design of the Scheme.
The consultation indicates that the government supports the introduction of an SFO whistleblower incentivisation scheme and is seeking views on the detail in its consultation.
There are existing whistleblower incentivisation schemes in the United States and Canada, and evidence suggests1 that they increase the quantity and quality of reporting of...
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