Bluefin fine – 32 FCA staff directly involved in investigation


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

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: