UK FSA fines Willis £6.9 million for anti-bribery failings


The UK Financial Services Authority (FSA) has fined Willis, the insurance brokerage, £6.9 million for failings in its anti-bribery and corruption systems and controls. "The involvement of UK financial institutions in corrupt or potentially corrupt practices overseas undermines the integrity of the financial services sector," the FSA said in a statement.

The FSA also said the failings created an unacceptable risk that payments made by Willis to overseas third parties could be used for corrupt pur

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: