Compliance Radar
Who was sanctioned, and for what?
Fines, court rulings and incidents from Europe, North America and Asia-Pacific: 1,838 cases from 37 jurisdictions, each with an official source and checked against that source before publication. Filter by country, area of law and sector. Click a chart to drill down one level.
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Where?
by authority- Auckland District Court (Anklage: Department of Internal Affairs) €589,190 100 % · 1 case
- Department of Internal Affairs (DIA) – 0 % · 1 case
What for?
by topic- Suspicious activity reports €589,190 100 % · 1 case
- no topic – 0 % · 1 case
Who?
by companyWhen?
per quarter, by date of decision| Period | Cases | Total |
|---|---|---|
| Q4 2023 | 0 | – |
| Q1 2024 | 0 | – |
| Q2 2024 | 0 | – |
| Q3 2024 | 0 | – |
| Q4 2024 | 0 | – |
| Q1 2025 | 1 | – |
| Q2 2025 | 1 | €589,190 |
| Q3 2025 | 0 | – |
| Q4 2025 | 0 | – |
| Q1 2026 | 0 | – |
| Q2 2026 | 0 | – |
| Q3 2026 | 0 | – |
| Q4 2026 | 0 | – |
2 cases
28 Apr 2025 Qian DuoDuo LimitedQian DuoDuo: 1,125,000 NZD – transfers of over 19 million NZD not reported €589,190
Between June 2018 and September 2019 the Auckland money remitter and foreign exchange provider (trading as Lidong Foreign Exchange) failed to report 197 transfers to China totalling more than 19.14 million NZD: 26 suspicious activities (4.72 million NZD) and 171 prescribed transactions (14.42 million NZD); it checked the source of funds of the two individuals through whom the transactions were conducted only on the basis of questionable documents. On 28 April 2025 the Auckland District Court imposed a fine of 1,125,000 NZD. The company has appealed the decision. The decision is not final.
Suspicious activity reports and prescribed transaction reports are subject to deadlines – failing to verify the source of funds robustly risks penalties running into millions.
Suspicious activity reporting and source-of-funds checks
- Authority / court
- Auckland District Court (Anklage: Department of Internal Affairs)
- Area of law
- Money laundering and terrorist financing · Suspicious activity reports
- Legal basis
- AML/CFT Act 2009, ss 48A(1), 97 (Meldung vorgeschriebener Transaktionen) und s 92(1)(b)(i) (Verdachtsmeldung)
- Action
- Fine
- Status of proceedings
- under appeal
- Sector
- Financial services and insurance
- Culpability
- intentional
- Liability of senior managers
- Measures against individuals are not set out here.
- Published
- 5 Jun 2025
Original amount 1,125,000 NZD, converted at the ECB reference rate of 28 Apr 2025.
Checked against the official source on 3 Oct 2026 · Direct link
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18 Mar 2025 NZForex LimitedNZForex: formal warning over 3,182 unreported transactions Reprimand or warning
The company disclosed to the DIA (Department of Internal Affairs, New Zealand's AML/CFT supervisor) that, because of a system error in its prescribed transaction reporting, 3,182 transactions not denominated in New Zealand dollars had not been reported to the Police Financial Intelligence Unit between November 2017 and February 2024. On 18 March 2025 the DIA issued a formal warning under the AML/CFT Act 2009 and, given the prompt voluntary disclosure, refrained from more serious action; NZForex must provide the final report of an independent audit and report on its remediation.
Reporting processes for prescribed transactions need regular reconciliation so that system errors do not go unnoticed for years; early self-reporting can substantially reduce the sanction.
Complete reporting of prescribed transactions to the FIU
- Authority / court
- Department of Internal Affairs (DIA)
- Area of law
- Money laundering and terrorist financing
- Legal basis
- Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (Meldung vorgeschriebener Transaktionen)
- Action
- Reprimand or warning
- Status of proceedings
- unknown
- Sector
- Financial services and insurance
- Mitigating circumstances
- Prompt voluntary disclosure, admission of fault, fixing the system error, reporting all outstanding transactions and a voluntary independent audit.
- Published
- 18 Mar 2025
Checked against the official source on 3 Oct 2026 · Direct link