The Financial Conduct Authority (FCA), the U.K.'s financial regulator, has widened its review of whistleblower Simon Andriesz's case to assess whether it met legal duties and followed internal procedures.
Terms of reference published Nov. 2 say the review will scrutinize the regulator's handling of Andriesz's reports under whistleblowing law and its own rules, including his concerns that he had suffered detriment. The review's time frame starts no later than 2017 and ends with 2026.
Lea Paterson CBE, an independent non-executive director at the FCA, is leading the review. The regulator's non-executive directors commissioned it.
The FCA had previously aimed to publish findings in early 2027. It now expects a progress update in January 2027 and the final report in spring 2027, saying the expanded remit and records spanning several years require more time.
