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FCA’s new rules on NFM: Whistleblowing and the rising burden on managers

Pedestrians with umbrellas walk by the clocks in Canary Wharf.
Photo: Jon Hicks/Getty Images

We look at the role of managers in the new regulatory framework, particularly in the context of speak up and whistleblowing channels.

The FCA’s new rules and guidance on non‑financial misconduct come into force on September 1, 2026. Internal reporting and escalation channels will play an increasingly critical role in identifying and addressing non-financial misconduct within the workplace and in work-associated environments. 

The role of managers in tone-setting and culture

The

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