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.
Click a bar to drill down one level.
Where?
by authority- Commissariat aux Assurances (CAA) €3.09m 100 % · 3 cases
What for?
by topicWho?
by sectorAll sectors
When?
per quarter, by date of decision| Period | Cases | Total |
|---|---|---|
| Q3 2023 | 0 | — |
| Q4 2023 | 1 | €790,000 |
| Q1 2024 | 1 | €1.68m |
| Q2 2024 | 0 | — |
| Q3 2024 | 0 | — |
| Q4 2024 | 0 | — |
| Q1 2025 | 0 | — |
| Q2 2025 | 0 | — |
| Q3 2025 | 0 | — |
| Q4 2025 | 0 | — |
| Q1 2026 | 1 | €615,000 |
| Q2 2026 | 0 | — |
| Q3 2026 | 0 | — |
3 cases
20 Jan 2026 Cardif Lux Vie S.A.Cardif Lux Vie: 615,000 EUR over deficiencies in money laundering questionnaires and customer files €615,000
An on-site inspection in 2023 revealed that the life insurer in some cases did not handle the mandatory money laundering risk assessment questionnaires in compliance with the rules, that the employees responsible lacked sufficiently precise instructions and that customer files contained many incorrect answers. The Commissariat aux Assurances (Luxembourg insurance supervisory authority, CAA) imposed 615,000 EUR.
Risk questionnaires are only as good as the guidance given to those who complete them – clear work instructions and training are part of this.
Money laundering risk assessment by employees
- Authority / court
- Commissariat aux Assurances (CAA)
- Area of law
- Money laundering and terrorist financing · Customer due diligence
- Legal basis
- Loi modifiée du 12 novembre 2004 (LBC/FT), Art. 2-1, 8-4, 8-5; Règlement CAA 20/03
- Action
- Fine
- Status of proceedings
- unknown
- Sector
- Financial services and insurance
- Mitigating circumstances
- Close cooperation with the CAA during and after the inspection; remediation plan for all deficiencies submitted promptly.
- Published
- 1 Jul 2026
- CAA – Sanction administrative Cardif Lux Vie S.A. (01.07.2026) Decision of an authority
- CAA – Sanctions et autres mesures administratives Enforcement database of an authority
Checked against the official source on 25 Sep 2026 · Direct link
Report an error
10 Jan 2024 Lombard International Assurance S.A.Lombard International Assurance: 1.68 million EUR over missing overall money laundering risk assessment €1.68m
During an inspection in 2021/2022, the Commissariat aux Assurances (Luxembourg insurance supervisory authority, CAA) found that the life insurer had not prepared an overall assessment of its money laundering risks, that guidance for employees on due diligence obligations (beneficial owners, high-risk countries, PEPs) was inadequate and that it was not checked whether the intermediaries used fulfilled their due diligence obligations. It imposed 1,682,000 EUR.
Without a documented overall risk assessment, a risk-based approach cannot be demonstrated – intermediaries must also be monitored.
Due diligence obligations regarding beneficial owners and PEPs
- Authority / court
- Commissariat aux Assurances (CAA)
- Area of law
- Money laundering and terrorist financing · Internal controls
- Legal basis
- Loi modifiée du 12 novembre 2004 (LBC/FT), Art. 2-1, 2-2, 8-4, 8-5; Règlement CAA 20/03
- Action
- Fine
- Status of proceedings
- unknown
- Sector
- Financial services and insurance
- Published
- 20 Mar 2024
- CAA – Sanction administrative Lombard International Assurance S.A. (20.03.2024) Decision of an authority
Checked against the official source on 25 Sep 2026 · Direct link
Report an error
16 Oct 2023 Swiss Life (Luxembourg)Swiss Life (Luxembourg): 790,000 EUR over deficiencies in anti-money laundering €790,000
An inspection in 2021 revealed that the life insurer had not carried out an overall assessment of its money laundering risks and that the guidance for employees on due diligence obligations (beneficial owners, high-risk countries, PEPs) was inadequate. The Commissariat aux Assurances (Luxembourg insurance supervisory authority, CAA) imposed 790,000 EUR.
The overall money laundering risk assessment is the basis of all due diligence obligations and must be in place before new business relationships are entered into.
Customer due diligence in insurance distribution
- Authority / court
- Commissariat aux Assurances (CAA)
- Area of law
- Money laundering and terrorist financing · Internal controls
- Legal basis
- Loi modifiée du 12 novembre 2004 (LBC/FT), Art. 2-1, 2-2, 8-4, 8-5; Règlement CAA 20/03
- Action
- Fine
- Status of proceedings
- unknown
- Sector
- Financial services and insurance
- Published
- 3 Jul 2024
- CAA – Sanction administrative Swiss Life (Luxembourg) (03.07.2024) Decision of an authority
Checked against the official source on 25 Sep 2026 · Direct link