FCA publishes terms of reference for independent review concerning Mr Andriesz
By FCA
AI summary of the source article
The FCA has published terms of reference for an independent review into its interactions with whistleblower Simon Andriesz. Conducted by Lea Paterson CBE, the review covers the period from at least 2017 to 2026, with a final report expected in spring 2027.
Why it matters
The review will identify any lessons learned and make recommendations for improvements to the FCA's future engagement with external whistleblowers and vulnerable individuals.
Key facts
- Lea Paterson CBE, an independent non-executive director of the FCA, is conducting the review commissioned by FCA non-executive directors.
- The review examines whether the FCA met its responsibilities under whistleblowing law and followed its own policies regarding Mr Andriesz's reports and detriment concerns from at least 2017 to 2026.
- A progress update is scheduled for publication in January 2027, followed by the final report in spring 2027.
Source excerpt · FCA
We have published the terms of reference for the review into our handling of interactions with Mr Simon Andriesz, a whistleblower who made protected disclosures to the FCA. We shared our condolences following Mr Andriesz's tragic death and our thoughts remain with his family and loved ones.The review was commissioned by our non-executive directors. It is being conducted by Lea Paterson CBE, an ind…