The Financial Conduct Authority has released data on whistleblowing activity for the second quarter of 2025. The figures cover new reports received between April and June, and existing reports closed in the same period.
Between April and June 2025, the FCA received 315 new whistleblowing reports. This was higher than the 253 reports in the same period last year. It was also above the 281 reports received in the first quarter of 2025. Reports were submitted by telephone, email, online form, and post.
The 315 reports contained 1,130 allegations in total. The most common allegations were compliance with 199 cases, fitness and propriety with 162 cases, culture of organisation with 147 cases, and consumer duty with 98 cases.
The FCA said protecting whistleblower identities remains a priority. Providing contact details allows the authority to follow up on disclosures, ask questions, and explain how identities are protected.
You may find it interesting at FinanceMagnates.com: FCA Reports 209 Consumer Duty Allegations Among 2,684 Whistleblowing Claims.
The FCA closed 350 reports in the quarter. Eight reports, or 2.3 percent, resulted in significant action to manage harm, including enforcement measures, skilled person reviews, or restricting a firm’s permissions or an individual’s approval.
A further 147 reports, or 42 percent, led to action to reduce harm, such as requesting information...
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