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FCA chair cleared of wrongdoing amid whistleblowing controversy
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In August, Alder faced allegations of exposing the identities of two internal whistleblowers by forwarding email correspondence that revealed their names, addresses, and unredacted concerns. However, following a review carried out by Richard Lloyd, senior independent director at the FCA board, he has been cleared of any malpractice for his handling of these communications. In a report published today (23 September), Lloyd concluded that by forwarding the emails, Alder «reasonably took the view that he was providing information to [senior colleagues] of which they were already aware, i...
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