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.
Click a bar to drill down one level.
Where?
by countryWhat for?
by topicWho?
by sectorAll sectors
When?
per year, by date of decision| Period | Cases | Total |
|---|---|---|
| 2022 | 7 | €243.9m |
| 2023 | 16 | €42.7m |
| 2024 | 17 | €81m |
| 2025 | 27 | €206.3m |
| 2026 | 21 | €60m |
88 cases
16 Sep 2026 Wallester ASFinancial supervisor orders Wallester to remedy governance and AML deficiencies Order
Following an on-site inspection, the Finantsinspektsioon (Estonian Financial Supervision Authority) issued an order requiring the payment institution Wallester to remedy, by 31 December, deficiencies in governance and control functions (separation of the lines of defence, internal rules), in safeguarding customer funds and in the staffing of its anti-money laundering and counter-terrorist financing function. Date = publication of the press release.
Fast-growing payment service providers must let their compliance, AML and internal audit functions grow with them in terms of staffing and organisation.
- Authority / court
- Finantsinspektsioon (Estnische Finanzaufsicht)
- Area of law
- Money laundering and terrorist financing · Internal controls
- Legal basis
- Aufsichtsrechtliche Anordnung (ettekirjutus) der Finantsinspektsioon
- Action
- Order
- Status of proceedings
- unknown
- Sector
- Financial services and insurance
- Published
- 16 Sep 2026
- Finantsinspektsioon tegi Wallester AS-ile ettekirjutuse (16.09.2026) Press release of an authority
Checked against the official source on 25 Sep 2026 · Direct link
Report an error
31 Aug 2026 EM@NEY P.L.C.Malta: EM@NEY pays 97,622 EUR under settlement for late bank account register reports €97,622
The financial institution did not deliver on time the data due every seven days to the Centralised Bank Account Register (CBAR). The Financial Intelligence Analysis Unit (FIAU) set a fine of 162,704 EUR, which was reduced by 40% to 97,622 EUR under a settlement pursuant to its 2026 settlement policy.
Recurring mandatory reports need deadline monitoring with escalation – otherwise individual omissions add up to six-figure sums.
- Authority / court
- Financial Intelligence Analysis Unit (FIAU)
- Area of law
- Money laundering and terrorist financing
- Legal basis
- Reg. 4(2), 8, 9 CBAR Regulations (S.L. 373.03)
- Action
- Fine
- Status of proceedings
- final
- Sector
- Financial services and insurance
- Mitigating circumstances
- Settlement with 40% reduction
- Published
- 4 Sep 2026
- Settlement Agreement Publication Notice – EM@NEY P.L.C. Decision of an authority
Checked against the official source on 25 Sep 2026 · Direct link
Report an error
27 Aug 2026 MiFinity Malta LimitedMalta: MiFinity pays 160,099 EUR following anti-money laundering examination €160,099
At the payment institution, the customer risk assessment had only been introduced after business had started, some customers remained unassessed, and customer profiles were based on transaction thresholds rather than on risk. The Financial Intelligence Analysis Unit (FIAU) set a fine of 266,833 EUR and a follow-up directive; under a settlement, the fine was reduced by 40% to 160,099 EUR.
A customer risk assessment belongs before business starts, not in a later remediation project.
Risk-based customer profiles and source of funds
- Authority / court
- Financial Intelligence Analysis Unit (FIAU)
- Area of law
- Money laundering and terrorist financing · Customer due diligence
- Legal basis
- Reg. 2(1), 5(5)(a)(ii), 7(1)(c), 7(2)(a), 21, 22 PMLFTR
- Action
- Fine
- Status of proceedings
- final
- Sector
- Financial services and insurance
- Mitigating circumstances
- Settlement with 40% reduction; remediation demonstrated
- Published
- 2 Sep 2026
- Settlement Agreement Publication Notice – MiFinity Malta Limited Decision of an authority
Checked against the official source on 25 Sep 2026 · Direct link
Report an error
25 Aug 2026 Wise Europe SAWise Europe: NBB order and public statement over customer due diligence failures Order
The Banque nationale de Belgique (National Bank of Belgium) found serious anti-money laundering due diligence failures at Wise Europe SA, including in identifying and verifying customers and beneficial owners, ongoing monitoring of business relationships, analysis of atypical transactions and intra-group information sharing. It made public that Wise Europe had not complied with an order of 8 July 2025 to meet these obligations by 31 March 2026, and ordered full compliance by 31 January 2027 at the latest; no fine was published.
Letting a supervisory deadline to remedy KYC failures lapse risks new orders and public naming.
KYC and transaction monitoring at payment service providers
- Authority / court
- Banque nationale de Belgique / Nationale Bank van België (BNB/NBB)
- Area of law
- Money laundering and terrorist financing · Customer due diligence
- Legal basis
- Art. 13 § 1, 23, 26, 27, 35 § 1 und 45 Gesetz vom 18. September 2017 zur Verhinderung von Geldwäsche; Anordnung nach Art. 93 § 1 1°, Veröffentlichung nach Art. 93 § 2 1° und Art. 98/1 i. V. m. 135 § 3
- Action
- Order
- Status of proceedings
- unknown
- Sector
- Financial services and insurance
- Repeat case
- yes
- Published
- 25 Aug 2026
- BNB, Publication de la décision relative à Wise Europe SA en application de l’article 98/1 juncto 135, § 3 de la loi du 18 septembre 2017 Decision of an authority
- BNB, Publication relative à Wise Europe S.A. en application de l’article 93, § 2, 1° de la loi du 18 septembre 2017 Press release of an authority
- BNB, Publication de décisions individuelles – Wise Europe SA (25 août 2026) Enforcement database of an authority
Checked against the official source on 2 Oct 2026 · Direct link
Report an error
14 Jul 2026 Goldwin LtdMalta: 80,907 EUR against online casino Goldwin for missing customer risk assessment €80,907
The 2022 examination revealed that for more than two years the remote gaming operator had had no proper customer risk assessment for almost its entire player base; the assessments submitted had been prepared specifically for the examination. In addition, once players reached the deposit threshold of 2,000 EUR, it did not check in good time whether they were politically exposed persons. The Financial Intelligence Analysis Unit (FIAU) imposed 80,907 EUR; the fine was still open to appeal at the time of publication.
Supervisory authorities see through risk assessments prepared only for the examination – they must be applied in day-to-day business.
Risk-based customer assessment in gambling
- Authority / court
- Financial Intelligence Analysis Unit (FIAU)
- Area of law
- Money laundering and terrorist financing · Customer due diligence
- Legal basis
- Reg. 5(5)(a)(ii), 11(5), 21 PMLFTR; FIAU Implementing Procedures Part I und II (Remote Gaming)
- Action
- Fine
- Status of proceedings
- unknown
- Sector
- Other
- Published
- 16 Jul 2026
- Administrative Measure Publication Notice – Goldwin Ltd Decision of an authority
- Publication of AML/CFT Administrative Penalties and Measures – FIAU Enforcement database of an authority
Checked against the official source on 25 Sep 2026 · Direct link
Report an error
10 Jul 2026 Volksbank Düsseldorf Neuss eGBaFin: 210,000 EUR against Volksbank Düsseldorf Neuss over monitoring and reporting gaps €210,000
Germany's Federal Financial Supervisory Authority (BaFin) imposed fines totalling 210,000 EUR on the cooperative bank: business relationships were not monitored on an ongoing basis or with enhanced scrutiny, additional information was not obtained and suspicious activity reports were not filed or were filed late. The function of the money laundering reporting officer had been outsourced to an external service provider with several clients.
Institutions that outsource the anti-money laundering function remain responsible themselves for ongoing monitoring and timely suspicious activity reports.
Ongoing monitoring of business relationships and suspicious activity reporting
- Authority / court
- Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin)
- Area of law
- Money laundering and terrorist financing · Customer due diligence
- Legal basis
- § 56 Abs. 1 S. 1 Nr. 20, 36, 38 und 69 GwG; Bekanntmachung nach § 57 GwG
- Action
- Fine
- Status of proceedings
- final
- Sector
- Financial services and insurance
- Published
- 17 Sep 2026
- Volksbank Düsseldorf Neuss eG: Bafin setzt Bußgelder fest Press release of an authority
- Bekanntmachung zur Volksbank Düsseldorf Neuss eG (§ 57 GwG) Official register or notice
Checked against the official source on 25 Sep 2026 · Direct link
Report an error
23 Jun 2026 Banca Popolare Commerciale SpaBanca d'Italia: 40,000 EUR against Banca Popolare Commerciale over AML deficiencies €40,000
Following an on-site inspection from February to April 2025, the Bank of Italy (Banca d'Italia) found deficiencies in customer due diligence, active cooperation (suspicious transaction reporting) and anti-money laundering controls, and imposed an administrative fine of 40,000 EUR. The duration of the deficiencies and the corrective measures initiated were taken into account.
Gaps in customer due diligence and suspicious transaction reporting are consistently sanctioned after on-site inspections, even with smaller amounts – corrective measures reduce the sanction but do not replace it.
Customer due diligence and suspicious transaction reports
- Authority / court
- Banca d'Italia
- Area of law
- Money laundering and terrorist financing · Customer due diligence
- Legal basis
- Art. 62 d.lgs. 231/2007; Verstöße gegen Art. 7, 16–19, 24, 25, 35, 36 d.lgs. 231/2007
- Action
- Fine
- Status of proceedings
- unknown
- Sector
- Financial services and insurance
- Mitigating circumstances
- Corrective measures initiated
- Banca Popolare Commerciale Spa – Provvedimento n. 190 del 23 giugno 2026 (AML) Decision of an authority
Checked against the official source on 25 Sep 2026 · Direct link
Report an error
17 Jun 2026 Ikano Bank ABIkano Bank: 140 million SEK over deficiencies in money laundering risk assessment and customer due diligence €12.9m
For the period April 2022 to May 2023, the Swedish financial supervisory authority Finansinspektionen (FI) found that the bank’s general risk assessment did not realistically assess the terrorist financing risks of its corporate products and that no enhanced due diligence measures were taken for high-risk corporate customers. FI issued a remark and imposed 140 million SEK; the bank has brought an action before the administrative court.
The money laundering risk assessment must reflect the actual customers and products – a generic assessment leaves the entire customer due diligence open to challenge.
Enhanced due diligence for high-risk customers
- Authority / court
- Finansinspektionen (FI)
- Area of law
- Money laundering and terrorist financing · Customer due diligence
- Legal basis
- Penningtvättslagen (2017:630)
- Action
- Fine
- Status of proceedings
- under appeal
- Sector
- Financial services and insurance
- Published
- 17 Jun 2026
Original amount 140,000,000 SEK, converted at the ECB reference rate of 17 Jun 2026.
- FI ger Ikano Bank en anmärkning och en sanktionsavgift (17.06.2026) Press release of an authority
Checked against the official source on 25 Sep 2026 · Direct link
Report an error
6 May 2026 Československá obchodní banka, a. s.ČNB: CZK 30m fine for ČSOB over customer due diligence and AML control failures €1.23m
The Česká národní banka (ČNB, Czech National Bank) fined Československá obchodní banka 30,000,000 CZK under the Czech anti-money laundering act. For customers internally rated as high-risk, including a credit institution, the bank did not adequately examine the purpose and background of transactions such as 58 cash withdrawals and did not fully screen ownership and management structures against sanctions lists. It also lacked effective internal procedures for ongoing customer due diligence and for enhanced due diligence on transactions involving high-risk third countries; for 8,414 legal entities with complex structures, the whole structure was not screened for sanctions.
High-risk customers, especially other financial institutions, need ongoing, documented review of their transactions and of their entire ownership chain, including sanctions screening.
Customer due diligence and transaction monitoring for high-risk customers
- Authority / court
- Česká národní banka (ČNB)
- Area of law
- Money laundering and terrorist financing · Customer due diligence
- Legal basis
- § 9 Abs. 1 lit. c, § 9a Abs. 1, § 21 Abs. 1, § 44 Abs. 1 lit. b und Abs. 3 lit. d, § 48 Abs. 1 Zákon č. 253/2008 Sb. (AML-Gesetz)
- Action
- Fine
- Status of proceedings
- final
- Sector
- Financial services and insurance
Original amount 30,000,000 CZK, converted at the ECB reference rate of 6 May 2026.
- ČNB – Pravomocná rozhodnutí, Detail S-Sp-2025/00110/CNB/581 Enforcement database of an authority
- Rozhodnutí ČNB ze dne 6. 5. 2026, č. j. 2026/066785/CNB/580, sp. zn. S-Sp-2025/00110/CNB/581 (výrok) Decision of an authority
Checked against the official source on 28 Sep 2026 · Direct link
Report an error
23 Mar 2026 Stanleybet Malta LimitedMalta: 225,730 EUR against betting operator Stanleybet over lack of customer checks in betting shops €225,730
Malta's Financial Intelligence Analysis Unit (FIAU) imposed 225,730 EUR, a penalty payment of 2,000 EUR per day and a follow-up directive on the licensed gambling operator, which works through a network of independently operated betting shops in an EU member state. The company was unable to link customers' cumulative deposits across different shops and only checked customers from a single deposit of 2,000 EUR upwards, so the threshold could be circumvented. The company has appealed.
Thresholds must be aggregated per customer across all channels and branches – otherwise the system invites structuring.
Recognising structured deposits below the checking threshold
- Authority / court
- Financial Intelligence Analysis Unit (FIAU)
- Area of law
- Money laundering and terrorist financing · Customer due diligence
- Legal basis
- Regulation 21 PMLFTR; Verstöße gegen Regulations 5(5)(a)(ii), 7, 9(1) PMLFTR und FIAU Implementing Procedures
- Action
- Fine
- Status of proceedings
- under appeal
- Sector
- Other
- Published
- 16 Apr 2026
- Administrative Measure Publication Notice – Stanleybet Malta Limited Decision of an authority
- Administrative Measures – FIAU Enforcement database of an authority
Checked against the official source on 25 Sep 2026 · Direct link
Report an error
17 Mar 2026 Hakrinbank N.V.; Finabank N.V.; De Surinaamsche Bank N.V.OM: settlements with three Surinamese banks over negligent money laundering €415,000
Hakrinbank N.V., Finabank N.V. and De Surinaamsche Bank N.V. concluded transactions (out-of-court settlements) with the Openbaar Ministerie (OM, Dutch Public Prosecution Service) over suspected negligent money laundering (schuldwitwassen) in 2018 and are paying a total of 415,000 EUR (Hakrinbank 166,000 EUR, Finabank and De Surinaamsche Bank 124,500 EUR each). The trigger was the seizure at Schiphol Airport in April 2018 of 19.5 million EUR in cash belonging to the three banks and bound for Hong Kong; the OM accused them of not having adequately checked the origin of the cash in Suriname, in particular who the customers of the bureaux de change among their clients were. The OM found no intent; it took into account the age of the case and the lesser seriousness of negligent money laundering, and the seized money will be returned.
Banks that accept cash from bureaux de change and ship it internationally must include their customers’ customers in checks on its origin.
Checking the origin of cash shipments and customers of bureaux de change
- Authority / court
- Openbaar Ministerie (OM), Arrondissementsparket Noord-Holland
- Area of law
- Money laundering and terrorist financing · Customer due diligence
- Legal basis
- Schuldwitwassen (fahrlässige Geldwäsche nach niederländischem Strafrecht); Transaktion des OM
- Action
- Fine
- Status of proceedings
- final
- Sector
- Financial services and insurance
- Culpability
- negligent
- Mitigating circumstances
- No intent established; age of the case; the banks have since implemented improvements in cash controls, KYC and governance.
- Published
- 17 Mar 2026
- OM: Transacties met drie Surinaamse banken vanwege schuldwitwassen Press release of an authority
Checked against the official source on 2 Oct 2026 · Direct link
Report an error
5 Mar 2026 Stonehage Fleming Luxembourg S.A.Stonehage Fleming Luxembourg: EUR 56,000 for late suspicious activity reports €56,000
The CSSF fined the specialised financial services provider, whose domiciliation business was inspected, EUR 56,000 (around 2% of annual turnover). In four cases involving adverse media on possible corruption or drug trafficking, the company reported to the FIU only after the CSSF asked and incompletely; in six further cases with indications of corruption, bribery and tax offences no report was made at all.
Adverse media on clients requires the firm's own investigation and, if suspicion remains, a complete report – not only when the supervisor asks.
Investigating adverse media and reporting completely and on time
- Authority / court
- Commission de Surveillance du Secteur Financier (CSSF)
- Area of law
- Money laundering and terrorist financing · Suspicious activity reports
- Legal basis
- Art. 2-1(1) i. V. m. Art. 8-4(1), (2)(f) und (3)(a) Loi modifiée du 12 novembre 2004 (LBC/FT); verletzt u. a. Art. 5(1)(a); Règlement CSSF 12-02
- Action
- Fine
- Status of proceedings
- unknown
- Sector
- Financial services and insurance
- Mitigating circumstances
- Limited scope of the inspection; findings acknowledged, action plan and remedial measures.
- Published
- 9 Jun 2026
- CSSF, Administrative sanction of 5 March 2026 (Stonehage Fleming Luxembourg S.A.) Decision of an authority
Checked against the official source on 2 Oct 2026 · Direct link
Report an error
3 Mar 2026 BNF Bank p.l.c.Malta: 69,000 EUR against BNF Bank over late reporting to the bank account register €69,000
Following the introduction of a new core banking system in April 2025, the bank was unable, until September 2025, to submit the mandatory weekly data deliveries to the Centralised Bank Account Register (CBAR) on time. The Financial Intelligence Analysis Unit (FIAU) imposed 69,000 EUR.
Test regulatory reporting chains in advance of IT migrations – migration problems do not excuse missed deadlines.
- Authority / court
- Financial Intelligence Analysis Unit (FIAU)
- Area of law
- Money laundering and terrorist financing
- Legal basis
- Reg. 4(2), 8 Centralised Bank Account Register Regulations (S.L. 373.03)
- Action
- Fine
- Status of proceedings
- unknown
- Sector
- Financial services and insurance
- Mitigating circumstances
- The bank continuously attempted to upload reports
- Published
- 6 Mar 2026
- Administrative Measure Publication Notice – BNF Bank p.l.c. Decision of an authority
Checked against the official source on 25 Sep 2026 · Direct link
Report an error
23 Feb 2026 COFIDIS SA (Zweigniederlassung Slowakei)NBS: EUR 160,000 fine for the COFIDIS branch over 23 anti-money laundering failings €160,000
The NBS (National Bank of Slovakia) fined the French bank COFIDIS 160,000 EUR in respect of its Slovak branch for 23 breaches found in an on-site inspection that began in May 2021. The anti-money laundering programme was outdated and incomplete (among other things it lacked current details of the money laundering officer, clear rules on when standard and when enhanced due diligence applies, the branch's own risk assessment and record-keeping requirements); in 2020 only 5 of 27 staff were trained, and 6 of 7 newly hired staff with AML tasks were not trained within three months. The branch also failed to verify customers' identity adequately for online products and electronic signing, did not identify politically exposed persons, did not monitor third-party payments into loan accounts, did not report refusals of unusual transactions to the financial intelligence unit and submitted inaccurate customer data to the NBS.
An AML programme must be updated every year, and new staff with AML duties need their training within the statutory deadline.
AML training for existing and new staff
Missing or inadequate training played a role in the decision.
- Authority / court
- Národná banka Slovenska (NBS)
- Area of law
- Money laundering and terrorist financing · Internal controls
- Legal basis
- § 10, § 12, § 14, § 17, § 19, § 20 Abs. 1 bis 3, § 20a Zákon č. 297/2008 Z. z. (AML-Gesetz); § 27 Abs. 2, § 42 Abs. 2, § 50 Abs. 1 lit. d Zákon č. 483/2001 Z. z. (Bankengesetz)
- Action
- Fine
- Status of proceedings
- final
- Sector
- Financial services and insurance
- NBS – Výrok právoplatného rozhodnutia: COFIDIS, SA, pobočka zahraničnej banky, č. z. 100-001-023-252 (23. 2. 2026) Enforcement database of an authority
Checked against the official source on 28 Sep 2026 · Direct link
Report an error
20 Feb 2026 BVwG reduces FMA penalty against private bank over unclarified beneficial owners €356,000
From 2017 to 2020, an Austrian bank specialising in private and investment banking had not adequately examined the ownership and control structure of an offshore holding client despite the lack of evidence on shareholders, trust arrangements and beneficial owners. The Austrian Federal Administrative Court (Bundesverwaltungsgericht, BVwG) confirmed the infringement but reduced the additional penalty imposed by the Financial Market Authority (Finanzmarktaufsicht, FMA) in its penalty decision of 17 December 2024 from 476,000 to 356,000 EUR (total penalty 436,000 EUR less FMA penalties already paid), because the FMA had taken the seriousness of the offence into account twice and the bank had cooperated, admitted its errors and terminated the client relationship; an appeal on points of law has been permitted.
For offshore holdings with trustees, prove the beneficial owner with supporting documents – a self-declaration is not enough.
Identifying beneficial owners in holding and trust structures
- Authority / court
- Bundesverwaltungsgericht (BVwG); Straferkenntnis der Finanzmarktaufsicht (FMA) vom 17.12.2024
- Area of law
- Money laundering and terrorist financing · Customer due diligence
- Legal basis
- § 9 Abs. 1 erster Satz i. V. m. § 6 Abs. 1 Z 2 FM-GwG; § 35 Abs. 1 und 3 i. V. m. § 34 Abs. 1 Z 2 und Abs. 2 FM-GwG; § 22 Abs. 9 FMABG (Zusatzstrafe)
- Action
- Fine
- Status of proceedings
- reduced
- Sector
- Financial services and insurance
- Culpability
- negligent
- Mitigating circumstances
- Reduction by the court because the wrongfulness of the offence had been counted twice, cooperation, admission of the facts and of guilt, and termination of the client relationship
- BVwG W204 2306222-1 vom 20.02.2026 Court decision
Checked against the official source on 25 Sep 2026 · Direct link
Report an error
17 Feb 2026 BVwG upholds 588,000 EUR FMA penalty against major bank over incorrect risk classification €588,000
The Austrian Federal Administrative Court (Bundesverwaltungsgericht, BVwG) dismissed the appeal of a listed major Austrian bank and upheld the fine of 588,000 EUR (plus 58,800 EUR in procedural costs) imposed by the Financial Market Authority (Finanzmarktaufsicht, FMA) in its penalty decision of 19 November 2024. From 2017 to 2020, the bank had not adequately risk-classified three business relationships and had disregarded sector risks such as gambling and precious metals trading as well as cash intensity; an appeal on points of law has been permitted.
Customers from gambling or precious metals trading with a high share of cash belong in a higher risk class – otherwise the enhanced obligations are missing.
Risk classification of cash-intensive high-risk sectors
- Authority / court
- Bundesverwaltungsgericht (BVwG); Straferkenntnis der Finanzmarktaufsicht (FMA) vom 19.11.2024
- Area of law
- Money laundering and terrorist financing · Customer due diligence
- Legal basis
- § 6 Abs. 5 i. V. m. § 34 Abs. 1 Z 2 und § 35 Abs. 1–3 FM-GwG
- Action
- Fine
- Status of proceedings
- unknown
- Sector
- Financial services and insurance
- BVwG W204 2304676-1 vom 17.02.2026 Court decision
Checked against the official source on 25 Sep 2026 · Direct link
Report an error
12 Feb 2026 Louis Vuitton BVOM: €500,000 penalty order for Louis Vuitton BV over inadequate customer checks €500,000
The Openbaar Ministerie (OM, Dutch Public Prosecution Service) imposed a penalty order of 500,000 EUR on the Dutch Louis Vuitton BV for breaches of the Wwft (Dutch Anti-Money Laundering and Anti-Terrorist Financing Act) because, over a long period, the company did not sufficiently check who the customers were who repeatedly spent large amounts in cash. The case arises from ongoing money laundering proceedings in which, according to the OM, a buyer spent a total of more than 2 million EUR of criminal proceeds under various names on luxury goods in shops such as those of Louis Vuitton between August 2021 and February 2023 and sent the bags to China for resale; a then sales employee allegedly helped her and warned her whenever she was about to spend more than 10,000 EUR a month through one of her customer accounts. The OM settled the matter out of court to free up scarce hearing capacity at the Rechtbank Rotterdam (Rotterdam District Court).
Luxury retailers must spot repeated cash purchases by the same person under different names and make staff aware of attempts to circumvent reporting thresholds.
Cash transactions in luxury retail, structuring and staff involvement
- Authority / court
- Openbaar Ministerie (OM), Landelijk Parket
- Area of law
- Money laundering and terrorist financing · Customer due diligence
- Legal basis
- Wet ter voorkoming van witwassen en financieren van terrorisme (Wwft), Kundenprüfung; Strafbefehl des OM
- Action
- Fine
- Status of proceedings
- unknown
- Sector
- Retail and e-commerce
- Published
- 12 Feb 2026
- OM: OM legt Louis Vuitton strafbeschikking op van 500.000 euro Press release of an authority
Checked against the official source on 2 Oct 2026 · Direct link
Report an error
28 Jan 2026 CCV Group B.V.Netherlands: payment institution CCV without integrity risk analysis – 406,125 EUR fine €406,125
Until March 2018, the payment institution had no systematic integrity risk analysis (SIRA) and therefore no systematic identification and analysis of integrity risks for its gatekeeper function. The Dutch central bank (De Nederlandsche Bank, DNB) imposed the fine in 2020; following objection and appeal proceedings, it was fixed at the reduced amount of 406,125 EUR by the decision of 28 January 2026 and was published in July 2026.
Without a documented integrity risk analysis, any money laundering prevention lacks its foundation – and that alone is subject to fines.
- Authority / court
- De Nederlandsche Bank (DNB)
- Area of law
- Money laundering and terrorist financing · Internal controls
- Legal basis
- Art. 3:10 Wet op het financieel toezicht (Wft); Art. 10 Besluit prudentiële regels Wft (Bpr)
- Action
- Fine
- Status of proceedings
- reduced
- Sector
- Financial services and insurance
- Mitigating circumstances
- Fine reduced in the objection and appeal proceedings
- Published
- 21 Jul 2026
- Fine for CCV Group B.V. for lack of SIRA Press release of an authority
Checked against the official source on 25 Sep 2026 · Direct link
Report an error
22 Jan 2026 Saxo Bank A/SSaxo Bank: DKK 313m for deficient customer due diligence on white-label clients €41.9m
Saxo Bank accepted an administrative fine of 313,000,000 DKK from the Finanstilsynet (Danish Financial Supervisory Authority). For a number of customer relationships the bank had not obtained sufficient information on the purpose and intended nature of the business relationship, and between January 2021 and May 2023 it did not carry out ongoing monitoring of the end customers of its white-label partners, to whom it provided its trading platform. The fine was reduced because of the bank's cooperation in the investigation and the remedial steps taken, and in view of the bank's financial solidity.
Anyone who opens their platform to partners for the partners' customers must include those end customers in ongoing anti-money-laundering monitoring.
Customer due diligence and ongoing monitoring in white-label and partner models
- Authority / court
- Finanstilsynet
- Area of law
- Money laundering and terrorist financing · Customer due diligence
- Legal basis
- Hvidvaskloven § 11 stk. 1 nr. 4 og 5; administratives Bußgeld nach § 78 a hvidvaskloven
- Action
- Fine
- Status of proceedings
- final
- Sector
- Financial services and insurance
- Mitigating circumstances
- Cooperation in the investigation and remedial action on collecting the purpose and nature of the business relationship; reduction in view of the bank's financial solidity.
- Published
- 23 Jan 2026
Original amount 313,000,000 DKK, converted at the ECB reference rate of 22 Jan 2026.
Checked against the official source on 28 Sep 2026 · Direct link
Report an error
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