Besso confirms watchdog's corruption control fine
London market broker slapped with £315,000 fine.
Besso has confirmed the £315,000 settlement it reached with the Financial Conduct Authority (FCA) over its bribery and corruption controls.
The regulator today revealed that it had fined the firm for failing to take reasonable care to establish and maintain effective systems and controls for countering the risks of bribery and corruption between 2005 and 2011.
And in response Besso stated: "The FCA has not said that Besso permitted any illicit payment or inducement to any such third party
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