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Editors

Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
Senior Editor

Bill Steinman
Senior Editor

Richard L. Cassin
Editor at Large

Elizabeth K. Spahn
Editor Emeritus

Cody Worthington
Contributing Editor

Julie DiMauro
Contributing Editor

Thomas Fox
Contributing Editor

Marc Alain Bohn
Contributing Editor

Bill Waite
Contributing Editor

Shruti J. Shah
Contributing Editor

Russell A. Stamets
Contributing Editor

Richard Bistrong
Contributing Editor

Eric Carlson
Contributing Editor

Search Results for: label/Aon

Aon Pays £5.25 Million Corruption Fine

The U.K.’s Financial Services Authority said yesterday that it has fined Aon Ltd £5.25 million ($8.05 million) for failing to recognize and control the risks of overseas payments being used as bribes. The fine is the largest the FSA has levied for financial crimes. Aon Ltd is the principal U.K. subsidiary of Chicago-based Aon […]

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Aon’s New Path

A couple of months ago, guest-blogger Scott Moritz talked about risk-based compliance. His post, we now see, was prophetic. Why? Because just last week, when Aon settled an enforcement action with the U.K.’s Financial Services Authority, the real star of the show was . . . risk-based compliance. The FSA’s Final Notice described how […]

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AON Discloses FCPA Investigation

It Has Already Agreed to Toll the Statute of Limitations; Will Self-Reporting Lead to More Waivers of Legal Protections? Aon Corporation — the world’s biggest insurance broker — disclosed on November 8, 2007 an internal investigation of possible violations of the U.S. Foreign Corrupt Practices Act and non-U.S. anticorruption laws. AON said in its […]

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Compliance Officer (Bilfinger SE – Mannheim, Germany)

Job Title: Compliance Officer
Company: Bilfinger SE
Location: Mannheim, Germany
 
Tasks 
The Compliance Officer will lead efforts to promote compliance at all levels of Bilfinger and contribute to the continuous improvement of the compliance program and the underlying elements. She/he will support the business to implement and apply compliance-related policies, controls and procedures. The position holder will report to the Chief Compliance Officer and will be part of the global Compliance Leadership Team.

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A Life Sentence In Vietnam, Where Risks Abound

[…] was charged in a criminal information with FCPA-related violations involving at least 22 countries, including Vietnam. It paid $185 million to settle with the DOJ and SEC. Aon Ltd.: In January 2009, the U.K.’s Financial Services Authority fined insurance services firm Aon Ltd. for failing to control compliance risks in a number of countries, […]

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Advice for companies after conflict minerals ruling

[…] sent back to the district court. If a company has to do a reasonable country of origin inquiry anyway, what’s wrong with the “DRC conflict free undeterminable” label? “It forces you to describe your product in a way that is pejorative,” Hall said. “The label saying that a product might not being free of […]

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UK Bribery: Another Scalp For The FSA

[…] least among financial firms, being taken up by the FSA. This now looks to be happening. In 2009 the FSA imposed a £5.25 million ($8.5 million) fine on Aon for failure to have effective anti-bribery systems in place and failing to stop questionable payments to overseas parties. That decision can be found here. They have today […]

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