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Lloyd’s of London faces greater scrutiny of whistleblowing protocols

Prudential Regulation Authority will receive a yearly summary of staff training from the UK's insurance market

Lloyd’s of London will submit to greater scrutiny of its internal whistleblowing protocols following a year of allegations of bullying and harassment at the world’s largest insurance market.

The UK’s Prudential Regulation Authority said in a statement on December 23 that it has placed special requirements on Lloyd’s to report on its whistleblowing channels and training every year until 2022.

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