FSA fines Aon £5.25m for carelessness over corruption

by Gill Montia

Story link: FSA fines Aon £5.25m for carelessness over corruption

The Financial Services Authority (FSA) has fined Aon Limited an astonishing £5.25 million. The insurer has been found guilty of failing to take reasonable care to establish and maintain effective systems to counter the risks of bribery and corruption associated with making payments to overseas firms and individuals. Specifically, between 14 January 2005 and 30 [...]