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Backdating stock options could hit D&O, claims Aon

The increased regulatory focus on the practice of executives backdating their stock options could have a major impact on the D&O market, with ramifications not just confined to North America, according to Aon.

The US Securities and Exchange Commission (SEC) and the US Department of Justice (DOJ) is investigating at least 54 companies who have allegedly allowed their executives to backdate their stock option

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Axa Partners hit with FCA limitations

Following the Which? super complaint, the Financial Conduct Authority has told Axa Partners UK it cannot grow its current customer base without written permission from the regulator.

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