Compliance Radar

Who was sanctioned, and for what?

Fines, court rulings and incidents from Europe and North America: 1,370 cases from 35 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
€2.61mTotal of monetary amounts
€2.6mLargest single case: Sparebank 1 Østlandet
€1.31mMedian per case with an amount

Click a bar to drill down one level.

Where?

by authority
  1. Finanstilsynet €2.61m 100 % · 2 cases

What for?

by topic
  1. Internal controls €2.6m 100 % · 1 case
  2. Customer due diligence €9,115 0 % · 1 case

Who?

by sector

All sectors

  1. Financial services and insurance €2.6m 100 % · 1 case
  2. Other €9,115 0 % · 1 case

When?

per quarter, by date of decision
Trend
PeriodCasesTotal
Q3 20230—
Q4 20230—
Q1 20240—
Q2 20240—
Q3 20240—
Q4 20240—
Q1 20251€2.6m
Q2 20250—
Q3 20250—
Q4 20250—
Q1 20260—
Q2 20260—
Q3 20261€9,115

2 cases

11 Aug 2026 Panzer Norge ASPanzer Norge AS: NOK 100,000 for AML failures at an accounting firm NorwayCustomer due diligence €9,115

Finanstilsynet (Norwegian Financial Supervisory Authority) fined the accounting firm Panzer Norge AS, based in Alta, NOK 100,000 under the Anti-Money Laundering Act. The inspection found shortcomings in the firm-wide risk assessment and in customer due diligence, as well as further breaches in risk and quality management and in engagement agreements; the company, which had five employees, essentially did not dispute the breaches.

What organisations can take from it

Small accounting firms are also subject to anti-money laundering obligations and need a documented risk assessment and demonstrable customer due diligence for every engagement.

Relevance to training and awareness

Anti-money laundering obligations for accounting and advisory firms

Authority / court
Finanstilsynet
Area of law
Money laundering and terrorist financing · Customer due diligence
Legal basis
§§ 7, 8, 9, 12 Abs. 4, 13 Abs. 1, 3 und 4, 14, 24 und 49 hvitvaskingsloven
Action
Fine
Status of proceedings
unknown
Sector
Other
Employees
Under 50
Culpability
negligent
Published
17 Sep 2026

Original amount 100,000 NOK, converted at the ECB reference rate of 11 Aug 2026.

Checked against the official source on 28 Sep 2026 · Direct link

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17 Mar 2025 Sparebank 1 ØstlandetSparebank 1 Østlandet: NOK 30m for anti-money laundering failures NorwayInternal controls €2.6m

Finanstilsynet (Norwegian Financial Supervisory Authority) fined Sparebank 1 Østlandet NOK 30,000,000 under the Anti-Money Laundering Act after an inspection in September 2022 revealed fundamental shortcomings in risk assessment, procedures, customer risk classification, customer due diligence and ongoing monitoring, as well as a breach of the tipping-off prohibition; the authority classed the breaches as serious and long-standing. It also found that staff training had been inadequate and ordered the bank to complete due diligence measures for one customer. The bank appealed on 8 May 2025. The decision is not final.

What organisations can take from it

Risk-based anti-money laundering compliance stands or falls with an up-to-date risk assessment and role-specific training tailored to the firm's own procedures.

Relevance to training and awareness

Risk-based anti-money laundering controls and role-specific training

Missing or inadequate training played a role in the decision.

Authority / court
Finanstilsynet
Area of law
Money laundering and terrorist financing · Internal controls
Legal basis
§§ 6, 7, 8, 9, 12, 13, 14, 17, 18, 24, 25, 28 und 49 hvitvaskingsloven; § 47 hvitvaskingsloven (Anordnung)
Action
Fine
Status of proceedings
under appeal
Sector
Financial services and insurance
Culpability
negligent
Published
26 Mar 2025

Original amount 30,000,000 NOK, converted at the ECB reference rate of 17 Mar 2025.

Checked against the official source on 28 Sep 2026 · Direct link

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