The procedures in (1) must enable employees to report internally through a specific, independent and autonomous channel.
The channel referred to in (2) may be provided through arrangements made by social partners, subject to the Public Interest Disclosure Act 1998 and the Employment Rights Act 1996 to the extent that they apply.
[Note: article 73(2) of MiFID]
In addition to obligations under the MiFID regime2, similar whistleblowing obligations apply to miscellaneous persons subject to regulation by the FCA under the following non-exhaustive list of 2legislation:4
- (3) 3
- (5) 3