In early April, the UK’s Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) began rolling out new whistleblower rules, with which financial organisations will be required to comply. These rules have not been universally welcomed, however.

Indeed, according to the FCA’s Policy Statement, feedback from financial industry insiders included several concerns over the new rules. Here, we share our thoughts on a few of the key concerns and, based on our experience working with thousands of companies around the globe, offer guidance for whistleblower hotline success.