FCA fines JLT Speciality £1.8m for bribery risk control failings - UPDATED

Laura Miller
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The Financial Conduct Authority (FCA) has fined insurance broker JLT Specialty £1.8m for an "unacceptable" approach to bribery & corruption risks from overseas payments.

Part of the JLT Group, JLT Speciality provides insurance brokerage, risk management and claims consulting services. The firm failed to have in place appropriate checks and controls to guard agai...

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