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 Hungary Money laundering and terrorist financing Clear all filters

1case from 1 jurisdiction

€130,215Total of monetary amounts

€130,215Largest single case: OTP Bank Nyrt.

€130,215Median per case with an amount

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by amount by number of cases

Where?

by authority

Magyar Nemzeti Bank (MNB) €130,215 100 % · 1 case

What for?

by topic

Suspicious activity reports €130,215 100 % · 1 case

Who?

by sector

All sectors

Financial services and insurance €130,215 100 % · 1 case

When?

per quarter, by date of decision

Trend
Period	Cases	Total
Q3 2023	0	—
Q4 2023	1	€130,215
Q1 2024	0	—
Q2 2024	0	—
Q3 2024	0	—
Q4 2024	0	—
Q1 2025	0	—
Q2 2025	0	—
Q3 2025	0	—
Q4 2025	0	—
Q1 2026	0	—
Q2 2026	0	—
Q3 2026	0	—

1 case

Newest first Highest amounts

21 Nov 2023 OTP Bank Nyrt.OTP Bank: 49.4 million HUF over late suspicious transaction reports HungarySuspicious activity reports €130,215

The bank did not report several suspicious cases to the financial intelligence unit without delay, its monitoring produced delayed hits owing to incorrectly set filter parameters, and its risk assessment, customer due diligence and documentation of anti-money laundering training showed deficiencies. The Magyar Nemzeti Bank (Central Bank of Hungary, MNB) imposed a total of 49.375 million HUF and set deadlines for remediation by August 2024.

What organisations can take from it

Validate monitoring parameters regularly – and training is expressly among the obligations that are inspected.

Relevance to training and awareness

Recognising and reporting suspected money laundering in good time

Missing or inadequate training played a role in the decision.

Authority / court: Magyar Nemzeti Bank (MNB)
Area of law: Money laundering and terrorist financing · Suspicious activity reports
Legal basis: Ungarisches Geldwäschegesetz (Pmt.); Beschluss H-PM-I-B-76/2023
Action: Fine
Status of proceedings: unknown
Sector: Financial services and insurance
Employees: 10,000 or more
Culpability: negligent
Mitigating circumstances: The bank had already initiated remedial measures for several of the infringements.
Published: 21 Nov 2023

Original amount 49,375,000 HUF, converted at the ECB reference rate of 21 Nov 2023.

Sources

Hiányosságok az OTP Bank pénzmosási bejelentési és belső ellenőrzési rendszerében Press release 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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