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settlement agreement

  1. 162(1) (in SYSC 18) (Whistleblowing) an agreement between the firm and a worker which sets out the terms and conditions agreed by these parties for the purposes of settling a potential employment tribunal claim, other court proceedings or employment disputes.
  2. 162(2) (in DEPP) an agreement reached between a person who is or may be subject to enforcement action and FCA staff as part of the settlement decision procedure.