The City watchdog chairman is under fire for revealing a whistleblower’s identity.
Ashley Alder has been accused of breaking the Financial Conduct Authority (FCA) code of conduct by reportedly breaching the confidentiality of a former employee who complained related to opaque hiring practices.
He forwarded emails that revealed their name, address or concerns, the Financial Times reported.Â
Pointing the finger:Â Ashley Alder has been accused of breaking the Financial Conduct Authority code of conduct
The worker was dismissed for alleged misconduct and lost an employment tribunal – but is appealing – and has accused the FCA of ‘incompetence’.
An FCA probe is looking at whether misconduct allegations should be formally internally investigated.
The regulator said: ‘This is an exceptional case. The senior independent director will review how it was handled.’
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