Fraud Intelligence
JLT Specialty fined UK£7.9m by regulator over bribery control failings in reinsurance broking
London-based JLT Specialty Limited (JLTSL) is to pay a UK£7,881,700 penalty to the UK Financial Conduct Authority (FCA) after
a group entity used bribes to secure reinsurance broking business in a jurisdiction rated high for corruption risk. [1]