Reset to Today

To access the FCA Handbook Archive choose a date between 1 January 2001 and 31 December 2004.

Content Options:

Add to favourites

View Options:

More Resources:

External link Handbook Publications

Alternative versions

  1. Point in time
    2020-12-31

SYSC 18.5 1Settlement agreements with workers

SYSC 18.5.1RRP

A firm must include a term in any settlement agreement with a worker that makes clear that nothing in such an agreement prevents a worker from making a protected disclosure.

SYSC 18.5.2ERP
  1. (1)

    Firms may use the following wording, or alternative wording which has substantively the same meaning, in any settlement agreement:

    “For the avoidance of doubt, nothing precludes [name of worker] from making a “protected disclosure” within the meaning of Part 4A (Protected Disclosures) of the Employment Rights Act 1996. This includes protected disclosures made about matters previously disclosed to another recipient.”

  2. (2)

    Compliance with (1) may be relied on as tending to establish compliance with SYSC 18.5.1R.

SYSC 18.5.3RRP
  1. (1)

    Firms must not request that workers enter into warranties which require them to disclose to the firm that:

    1. (a)

      they have made a protected disclosure; or

    2. (b)

      they know of no information which could form the basis of a protected disclosure.

  2. (2)

    Firms must not use measures intended to prevent workers from making protected disclosures.