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.

2cases from 1 jurisdiction
€7.83mTotal of monetary amounts
€7.48mLargest single case: ADM Investor Services International Limited
€3.91mMedian per case with an amount

Click a bar to drill down one level.

Where?

by authority
  1. Financial Conduct Authority (FCA) €7.83m 100 % · 2 cases

What for?

by action
  1. Fine €7.83m 100 % · 2 cases

Who?

by sector

All sectors

  1. Financial services and insurance €7.83m 100 % · 2 cases

When?

per quarter, by date of decision
Trend
PeriodCasesTotal
Q3 20231€7.48m
Q4 20230—
Q1 20240—
Q2 20240—
Q3 20240—
Q4 20240—
Q1 20251€344,791
Q2 20250—
Q3 20250—
Q4 20250—
Q1 20260—
Q2 20260—
Q3 20260—

2 cases

9 Jan 2025 Arian Financial LLPFCA: small broker Arian Financial fined over cum-ex money laundering risks United KingdomInternal controls €344,791

From January to September 2015, the broker had no effective systems against financial crime and was therefore exposed to the risk of facilitating fraudulent trading and money laundering in connection with cum-ex trades. Following proceedings before the Upper Tribunal, the UK Financial Conduct Authority (FCA) set the fine at £288,962.53 instead of the £744,745 originally intended.

What organisations can take from it

Even small brokers must question unusually lucrative, circular trading patterns before executing them.

Relevance to training and awareness

Recognising warning signs in unusual trading structures

Authority / court
Financial Conduct Authority (FCA)
Area of law
Money laundering and terrorist financing · Internal controls
Legal basis
FCA Principles 2 und 3 (PRIN 2, PRIN 3)
Action
Fine
Status of proceedings
reduced
Sector
Financial services and insurance
Mitigating circumstances
Reduction by the Upper Tribunal
Published
10 Jan 2025

Original amount 288,962.53 GBP, converted at the ECB reference rate of 9 Jan 2025.

Sources

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

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29 Sep 2023 ADM Investor Services International LimitedFCA: £6.47 million against ADM Investor Services over outdated AML controls United KingdomInternal controls €7.48m

The UK Financial Conduct Authority (FCA) imposed £6,470,600 (after a 30% discount) because, between September 2014 and October 2016, the derivatives broker had only a rudimentary customer risk assessment, no firm-wide money laundering risk assessment and no adequate ongoing monitoring; its policies referred to outdated legislation. The FCA had already raised concerns in 2014.

What organisations can take from it

Policies that refer to repealed legislation are a sure sign of a dead AML programme.

Authority / court
Financial Conduct Authority (FCA)
Area of law
Money laundering and terrorist financing · Internal controls
Legal basis
FCA Principle 3; SYSC
Action
Fine
Status of proceedings
final
Sector
Financial services and insurance
Mitigating circumstances
30% settlement discount
Published
2 Oct 2023

Original amount 6,470,600 GBP, converted at the ECB reference rate of 29 Sep 2023.

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

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