Compliance Radar

Who was sanctioned, and for what?

Fines, court rulings and incidents from Europe and North America: 756 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.

EU Finland Money laundering and terrorist financing Clear all filters

1case from 1 jurisdiction

€500,000Total of monetary amounts

€500,000Largest single case: LocalBitcoins Oy

€500,000Median per case with an amount

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by amount by number of cases

Where?

by authority

Finanssivalvonta (FIN-FSA) €500,000 100 % · 1 case

What for?

by topic

Customer due diligence €500,000 100 % · 1 case

Who?

by sector

All sectors

Financial services and insurance €500,000 100 % · 1 case

When?

per quarter, by date of decision

Trend
Period	Cases	Total
Q3 2023	0	—
Q4 2023	0	—
Q1 2024	0	—
Q2 2024	0	—
Q3 2024	0	—
Q4 2024	0	—
Q1 2025	0	—
Q2 2025	1	€500,000
Q3 2025	0	—
Q4 2025	0	—
Q1 2026	0	—
Q2 2026	0	—
Q3 2026	0	—

1 case

Newest first Highest amounts

2 Jun 2025 LocalBitcoins OyLocalBitcoins: 500,000 EUR for failing to identify customers when opening accounts FinlandCustomer due diligence €500,000

During an inspection in 2024, the Finanssivalvonta (Finnish Financial Supervisory Authority, FIN-FSA) found that the crypto trading platform had not identified and verified its customers when establishing permanent business relationships. Taking the company’s financial situation into account, it imposed 500,000 EUR; LocalBitcoins has appealed to the Helsinki Administrative Court.

What organisations can take from it

KYC is a prerequisite for every business relationship – not an obligation to be met retrospectively once volumes grow.

Relevance to training and awareness

Customer identification (KYC)

Authority / court: Finanssivalvonta (FIN-FSA)
Area of law: Money laundering and terrorist financing · Customer due diligence
Legal basis: Finnisches Geldwäschegesetz – Identifizierung und Verifizierung von Kunden
Action: Fine
Status of proceedings: under appeal
Sector: Financial services and insurance
Published: 3 Jun 2025

Sources

Finanssivalvonta – LocalBitcoins Oy:lle 500 000 euron seuraamusmaksu (3.6.2025) Press release of an authority
Finanssivalvonta – Hallinnolliset seuraamukset (Übersicht mit Rechtskraftvermerk) Enforcement database of an authority

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

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How the radar is compiled

Official sources only

Every case is based on a decision, press release or database of an authority or a court. Press and law-firm reports count at most as additional references.

Four-eyes check

Whoever enters a case may not approve it. A second, independent check compares company, date, amount and area of law with the source. Only then is the case published.

Comparable amounts

Amounts are converted at the ECB reference rate on the day of the decision. Each case also shows the original amount.

Corrections on record

A correction is a new version that is checked again. Every change is logged. You can report errors directly on each case.

Case texts are translated from the German original. Where a translation is not yet available, the German text is shown and marked “(German original)”. Names of authorities, laws and companies are given as in the source.

The radar reports on published decisions and is not legal advice. Decisions that are not yet final are marked as such where the status is known.

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