UK FSA fines Willis £6.9 million for anti-bribery failings
The FSA has fined insurance brokerage Willis £6.9 million for failures in its anti-bribery and corruption systems and controls relating to payments to overseas third parties
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
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