Compliance Radar

Who was sanctioned, and for what?

Fines, court rulings and incidents from Europe and North America: 718 cases from 32 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.

1case from 1 jurisdiction
€4.01mTotal of monetary amounts
€4.01mLargest single case: Banque Audi (Suisse) SA
€4.01mMedian per case with an amount

Click a bar to drill down one level.

Where?

by authority
  1. Eidgenössische Finanzmarktaufsicht (FINMA) €4.01m 100 % · 1 case

What for?

by action
  1. Disgorgement of profits €4.01m 100 % · 1 case

Who?

by sector

All sectors

  1. Financial services and insurance €4.01m 100 % · 1 case

When?

per quarter, by date of decision
Trend
PeriodCasesTotal
Q3 20230—
Q4 20230—
Q1 20241€4.01m
Q2 20240—
Q3 20240—
Q4 20240—
Q1 20250—
Q2 20250—
Q3 20250—
Q4 20250—
Q1 20260—
Q2 20260—
Q3 20260—

1 case

25 Mar 2024 Banque Audi (Suisse) SAFINMA confiscates 3.9 million CHF in profits from Banque Audi (Suisse) SwitzerlandSuspicious activity reports €4.01m

The Swiss Financial Market Supervisory Authority (FINMA) found serious infringements of anti-money laundering rules in PEP relationships: insufficient clarification of the origin of assets, failure to report to the reporting office despite unexplained transaction purposes and a serious breach of the duty to provide information, because a critical internal audit report was not handed over. It confiscated 3.9 million CHF in profits, imposed a capital surcharge of 19 million CHF and a two-year ban on new PEP and high-risk relationships (date of the announcement used as decision date).

What organisations can take from it

Withholding critical audit reports from the supervisory authority considerably aggravates a money laundering case.

Relevance to training and awareness

PEP clarifications and openness towards the supervisory authority

Authority / court
Eidgenössische Finanzmarktaufsicht (FINMA)
Area of law
Money laundering and terrorist financing · Suspicious activity reports
Legal basis
Schweizer Geldwäschereirecht; Gewinneinziehung und Auskunftspflicht nach Finanzmarktaufsichtsrecht (laut FINMA)
Action
Disgorgement of profits
Status of proceedings
unknown
Sector
Financial services and insurance
Published
25 Mar 2024

Original amount 3,900,000 CHF, converted at the ECB reference rate of 25 Mar 2024.

Checked against the official source on 25 Sep 2026 · Direct link

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