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ARTICLE · 08 NOVEMBER 2016

Being A Whistleblowing Champion

The collapse of Lehman Brothers and PPI misselling are two scandals which have contributed to one of the most turbulent periods in the financial services industry's history.

United KingdomEmployment and HR

The past decade has not been a halcyon one for financial services. The collapse of Lehman Brothers and PPI misselling are two scandals which have contributed to one of the most turbulent periods in the industry's history.

It is not only the public and politicians who were aghast at these events. Those close to the FCA say the regulator was astonished at the lack of individuals raising concerns about these matters before they erupted into highly publicised scandals.

It would be churlish to suggest that these scandals could have been averted by individuals "blowing the whistle" – but had employees close to the heart of these matters had been able to provide the regulator with valuable intelligence, the effect of the scandals may well have been mitigated.

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