FCA chair says he will not quit over whistleblower mishandling

The chair of the UK’s financial watchdog, Ashley Alder, faced calls to resign after forwarding whistleblowers’ names against their will, despite the FCA’s policy not to reveal such information. Despite an internal probe finding that he did not follow policy to the letter, Alder refused to resign, stating he acted in the best interests of the whistleblowers. Critics believe his actions deter whistleblowers and question the FCA’s ability to protect those who expose wrongdoing.

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