British regulator told to apologise to RBS whistleblower
Britain's markets regulator has been told to apologise to a former Royal Bank of Scotland employee after it offered "unconvincing" arguments for why it revealed his identity to the bank in a whistleblower case in 2013.The Financial Regulators Complaints Commissioner, which handles complaints against watchdogs, said on Tuesday that the Financial Conduct Authority (FCA) had failed to take sufficient care to establish whether the complainant had sought anonymity."I have found some of the FCA's argu
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