Who should contact us?
- If you are an employee or ex-employee who has witnessed wrongdoing at work, you can report your concerns to us with confidence.
- You may want to report concerns on behalf of someone who is an employee in a financial regulated firm who has witnessed wrongdoing. You can speak to us confidentially.
If your concerns relate to a firm regulated only by the Financial Conduct Authority (FCA) or if the matter relates to conduct issues, contact the FCA.
Protecting your identity and personal details
We recognise that disclosing information to us is a big decision. We have strong protections in place for whistleblowers. We will never confirm externally that a whistleblower exists, and we will protect your identity at all times from the organisation or individuals you are reporting. We will only disclose your identity with your consent or if we are legally obliged to do so.
If you raise your whistleblowing concern anonymously, we will treat all queries equally and investigate it as appropriate. However, it may be more difficult for us to assess and investigate your concern effectively and to communicate with you.
It is therefore helpful to provide us with your contact details (an email address, for example) and preferred method of contact. Where possible, please do not use shared email addresses or email addresses from your place of work to contact us, as this may risk your identity becoming known.
Regardless of the details, you provide to us, we will store it securely, treat it as confidential and access will be restricted to members of our whistleblowing team.
Find out more about how we handle your personal data.
How we deal with your disclosure
When you make a disclosure to us, a member of our dedicated whistleblowing team will contact you. They will discuss the whistleblowing process and answer any questions you may have.
We will create a unique confidential case from your disclosure and only share details to relevant Bank of England colleagues to assess the information and decide on the next steps. For example, if you are reporting on wrongdoing in an insurance firm, we will share with the appropriate insurance supervisors for that firm. When we share details of the case, we do not share personal details and we will redact all information that could disclose your identity.
If the firm you are reporting against is a jointly dual-regulated firm (regulated by both the Prudential Regulation Authority and the FCA), then we will share that information with the FCA’s whistleblowing team.
We will try to keep you updated as your case progresses, but we may be unable to discuss in detail what we have or have not done with the information you have provided. We hope that you will understand that ‘in confidence’ applies equally to whistleblowers, firms and other individuals.
Since 1 April 2017, ‘prescribed persons’, such as the Bank of England, have been required to produce an annual report on whistleblowing disclosures under the Small Business Enterprise and Employment Bill. Although the report must include certain facts, figures and an explanatory summary, the report must not contain confidential information.
We published our first report in September 2018. You can find our reports on the News, publications and events section of our website, by searching for ‘prescribed persons’.