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PB Week: Aon given largest financial crime fine

Today Aon was fined 5.25m pounds by the Financial Services Authority after the regulator gave the broker its largest financial crime related fine writes Andrew Tjaardstra, editor of Professional Broking , the management magazine for insurance brokers.

The fine dates back to dealings between 14 January 2005 and 30 September 2007 when Aon "for failing to take reasonable care to establish and maintain effective systems and controls to counter the

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Shoib Khan, Prudential Regulation Authority

Shoib Khan, director of insurance supervision for the Prudential Regulation Authority, appears on Insurance Post’s Power List for the first time at a moment when his influence over the sector is particularly acute, as he leads a major stress test of the market.

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