December 23, 2019 / 10:58 AM / a month ago

Bank of England steps up monitoring of Lloyd's whistleblowing systems

LONDON, Dec 23 (Reuters) - The Bank of England has stepped up its monitoring of Lloyd’s of London’s whistleblowing systems, the central bank said on Monday.

The Prudential Regulation Authority said the insurance market had agreed to additional requirements relating to whistleblowing after informing the regulator that its processes had been ineffective. (Reporting by Iain Withers, editing by Louise Heavens)

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