Compliance Radar
Who was sanctioned, and for what?
Fines, court rulings and incidents from Europe, North America, Latin America, Asia-Pacific, Middle East and Africa: 2,207 cases from 44 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.
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Where?
by authority- Finanstilsynet €17.2m 100 % · 3 cases
What for?
by topicWho?
by sectorAll sectors
When?
per year, by date of decision| Period | Cases | Total |
|---|---|---|
| 2022 | 1 | €14.6m |
| 2023 | 0 | – |
| 2024 | 0 | – |
| 2025 | 1 | €2.6m |
| 2026 | 1 | €9,115 |
3 cases
11 Aug 2026 Panzer Norge ASPanzer Norge AS: NOK 100,000 for AML failures at an accounting firm €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.
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.
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.
- Finanstilsynet: Tilsynsrapport og vedtak – Panzer Norge AS (17.09.2026) Press release of an authority
- Finanstilsynet, Tilsynsrapport med vedtak – Panzer Norge AS, 24/17922, 11.08.2026 Decision of an authority
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 €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.
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.
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.
- Finanstilsynet: Tilsynsrapport og vedtak om overtredelsesgebyr – Sparebank 1 Østlandet (26.03.2025) Press release of an authority
- Finanstilsynet, Tilsynsrapport med vedtak – Sparebank 1 Østlandet, 22/6513, 17.03.2025 Decision of an authority
Checked against the official source on 28 Sep 2026 · Direct link
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28 Oct 2022 a Norwegian consumer finance bankNorwegian consumer finance bank: NOK 150m for anti-money laundering control failures €14.6m
Finanstilsynet (Norwegian Financial Supervisory Authority) fined a Norwegian consumer finance bank NOK 150,000,000 under the Anti-Money Laundering Act. An inspection in September 2021 of the bank's electronic monitoring systems and its compliance with the ICT Regulation revealed fundamental shortcomings in risk assessment, procedures, risk classification, customer due diligence and ongoing transaction monitoring; the authority also ordered extensive remediation by 1 February 2023.
Automated transaction monitoring must be based on an up-to-date risk assessment and its rules must be reviewed regularly, otherwise it remains ineffective.
Customer due diligence and transaction monitoring in banking
- Authority / court
- Finanstilsynet
- Area of law
- Money laundering and terrorist financing · Customer due diligence
- Legal basis
- §§ 7, 8, 9, 12, 13, 17, 18, 24 und 25 i. V. m. §§ 49 und 50 hvitvaskingsloven; § 47 hvitvaskingsloven (Anordnung)
- Action
- Fine
- Status of proceedings
- unknown
- Sector
- Financial services and insurance
- Culpability
- negligent
- Liability of senior managers
- Finanstilsynet attributed the negligence to the board's and management's failure to follow up the requirements of the Anti-Money Laundering Act.
- Published
- 2 Nov 2022
Original amount 150,000,000 NOK, converted at the ECB reference rate of 28 Oct 2022.
- Finanstilsynet (NO), Aufsichtsberichte (Übersicht) (Entscheidung 2022) Press release of an authority
Checked against the official source on 28 Sep 2026 · Company name anonymised since 28 Oct 2024 · Direct link