UK REGULATOR FINES AON £5.25M OVER “SUSPICIOUS PAYMENTS”
Aon Ltd, a UK unit of global broker Aon Corp, has been fined a record ?5.25m ($7.9m) by the UK Financial Services Authority (FSA) for making “various suspicious payments” amounting to about $7m ($2.5m in dollars and €3.4m in euros) between January 2005 and September 2007 to a number of overseas firms and individuals.