Bluefin fine – 32 FCA staff directly involved in investigation
One year on a Freedom of Information of request from Insurance Age reveals the timeline of events.
The Financial Conduct Authority (FCA) has revealed that 32 staff were directly involved in the investigation into Bluefin that resulted in a £4m fine for failing to manage conflicts arising from being owned by Axa in 2011 to 2014.
The punishment was handed down almost exactly a year ago on 5 December 2017 by which time Bluefin had already been sold to Marsh for £295m.
Bluefin agreed to settle at an early stage of the FCA’s investigation, if it had not done so then it would have been hit by a
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