Chicago-based Aon said it has hired a law firm to review its compliance with anti-bribery laws after it received a request from the Securities and Exchange Commission that it believes has been made to other brokerages.
In a filing with the SEC, the insurance broker said that following a request from regulators Aon began an internal review of its compliance with U.S. and non-U.S. anti-bribery laws, including the U.S. Foreign Corrupt Practices Act (FCPA).
David Prosperi, vice president, global public relations, said Aon began the review after receiving a voluntary and “informal information request” from the SEC. He said it is Aon's understanding that others in the insurance industry received similar requests for information from the SEC concerning possible violations of the FCPA.
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