Firms in the financial services industry “need to have a whistleblowing policy in place” to combat fraud effectively, Medius CEO, Emma Brown, has argued.
Brown, who is responsible for putting in place whistleblower policies and making sure they are effective, explained that, while every industry can be susceptible to fraud, financial services are particularly at risk due to their nature as “a lot of money is changing hands”.
https://www.ftadviser.com/your-industry/2024/06/14/firms-need-to-have-whistleblowing-policies-in-place/