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?
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What for?
by topicWho?
by company- Anonymised companies €26.1m 86 % · 2 cases
- LPP S.A. €3.5m 12 % · 1 case
- SMCP SA; European TopSoho S.à r.l.; Dynamic Treasure Group €720,000 2 % · 1 case
When?
per year, by date of decision| Period | Cases | Total |
|---|---|---|
| 2023 | 2 | €26.1m |
| 2024 | 0 | – |
| 2025 | 1 | €720,000 |
| 2026 | 1 | €3.5m |
4 cases
3 Apr 2026 LPP S.A.LPP: PLN 15m for flawed consolidated accounts after the outbreak of war in Ukraine €3.5m
The KNF imposed a fine of PLN 15,000,000 on the listed issuer LPP for breaches of disclosure obligations in its consolidated financial statements for 2021/2022 and 2022/2023. LPP had wrongly recognised impairments of PLN 608m on fixed assets and inventories resulting from the Russian attack on Ukraine of 24 February 2022 as an adjusting event in the 2021/2022 statements and did not correct the comparative figures in the following year, although the authority had repeatedly recommended this and the auditor had issued qualifications. The decision is not final.
Issuers should promptly act on supervisory recommendations and auditor qualifications on accounting treatment rather than carrying errors forward.
Correct accounting for events after the reporting period
- Authority / court
- Komisja Nadzoru Finansowego (KNF)
- Area of law
- Capital markets and financial supervision · Disclosure and reporting obligations
- Legal basis
- Art. 56 Abs. 1 Nr. 2 lit. a ustawa o ofercie publicznej i. V. m. § 3 Abs. 1 und 3 sowie § 71 Abs. 1 Nr. 3 lit. b Verordnung des Finanzministers über laufende und periodische Informationen; IAS 2, 8, 10 und 36
- Action
- Fine
- Status of proceedings
- unknown
- Sector
- Retail and e-commerce
Original amount 15,000,000 PLN, converted at the ECB reference rate of 2 Apr 2026.
- KNF: Nałożenie kary pieniężnej na LPP SA Press release of an authority
- KNF: Wykaz kar nałożonych przez Komisję Nadzoru Finansowego w 2026 roku (Lp. 10) Enforcement database of an authority
Checked against the official source on 28 Sep 2026 · Direct link
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10 Jun 2025 SMCP SA; European TopSoho S.à r.l.; Dynamic Treasure GroupSMCP: threshold notifications missed, misleading announcement, inside information not protected €720,000
In connection with the change of control at the fashion group SMCP in 2021/22, the major shareholder European TopSoho (ETS) and Dynamic Treasure Group failed to make threshold notifications; ETS also disseminated a misleading press release. SMCP itself failed to maintain the confidentiality of inside information. Sanctions imposed by the Enforcement Committee of France's financial markets authority (Autorité des marchés financiers, AMF): ETS 400,000 EUR, DTG 300,000 EUR, SMCP 20,000 EUR. The decision is not final.
Issuers must effectively shield inside information even when the conflict originates with the major shareholder.
Ensuring the confidentiality of inside information
- Authority / court
- Autorité des marchés financiers (AMF), Commission des sanctions
- Area of law
- Capital markets and financial supervision · Market abuse and insider dealing
- Legal basis
- Art. L. 233-7 Code de commerce; Art. 223-14 RG AMF; Art. 12 Abs. 1 lit. c MAR; Art. 2 Abs. 1 DVO (EU) 2016/1055
- Action
- Fine
- Status of proceedings
- under appeal
- Sector
- Retail and e-commerce
- Liability of senior managers
- Measures against individuals are not reported here.
- Décision SAN-2025-05 Decision of an authority
- Décision n° 5 du 10 juin 2025 (PDF) Decision of an authority
Checked against the official source on 28 Sep 2026 · Version 4 · Direct link
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7 Sep 2023 a French retail holding companyRetail holding company: misleading information on liquidity – 26 million EUR sanction €26m
In 2018/2019, the holding company of a retail group disseminated misleading information in results presentations, financial reports and press releases, including on available credit lines. The AMF imposed 25 million EUR on the holding company and 1 million EUR on its managing director; both withdrew their appeals.
Liquidity disclosures by highly indebted holding companies must openly state restrictions on credit lines – otherwise they risk allegations of market manipulation.
- Authority / court
- Autorité des marchés financiers (AMF), Commission des sanctions
- Area of law
- Capital markets and financial supervision · Market abuse and insider dealing
- Legal basis
- Art. 12 Abs. 1 lit. c und Art. 15 MAR
- Action
- Fine
- Status of proceedings
- final
- Sector
- Retail and e-commerce
- Liability of senior managers
- Managing director (directeur général) of the holding company: 1,000,000 EUR
- AMF, Entscheidungen der Commission des sanctions (Übersicht) (Entscheidung 2023) Decision of an authority
Checked against the official source on 28 Sep 2026 · Version 5 · Company name anonymised since 7 Sep 2025 · Direct link
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12 Jul 2023 a German fashion groupFashion group: notice on the 2021 annual financial report published too late €112,000
The fashion group had not announced in time from when and at which internet address the 2021 annual financial report was publicly available. The fine notice is final.
Enter recurring disclosure obligations such as the notice announcement in the financial calendar with a deadline and a responsible person.
- Authority / court
- Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin)
- Area of law
- Capital markets and financial supervision · Disclosure and reporting obligations
- Legal basis
- § 114 Abs. 1 Satz 2 WpHG
- Action
- Fine
- Status of proceedings
- final
- Sector
- Retail and e-commerce
- Published
- 25 Jul 2023
- BaFin, Maßnahmen und Sanktionen (Übersicht) (Entscheidung 2023) Decision of an authority
Checked against the official source on 28 Sep 2026 · Version 4 · Company name anonymised since 12 Jul 2025 · Direct link