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.

Capital markets and financial supervision Manufacturing and mechanical engineering Clear all filters

3cases from 1 jurisdiction

€900,000Total of monetary amounts (2 cases with an amount)

€620,000Largest single case: VARTA AG

€450,000Median per case with an amount

Click a bar to drill down one level.

by amount by number of cases

Where?

by region

All jurisdictions

EU €900,000 100 % · 3 cases

What for?

by topic

Disclosure and reporting obligations €900,000 100 % · 3 cases

Who?

by company

When?

per quarter, by date of decision

Trend
Period	Cases	Total
Q3 2023	0	—
Q4 2023	1	€280,000
Q1 2024	1	—
Q2 2024	0	—
Q3 2024	0	—
Q4 2024	0	—
Q1 2025	0	—
Q2 2025	0	—
Q3 2025	0	—
Q4 2025	0	—
Q1 2026	0	—
Q2 2026	1	€620,000
Q3 2026	0	—

3 cases

Newest first Highest amounts

23 Jun 2026 VARTA AGVARTA: late ad hoc announcement and missing half-yearly financial report GermanyDisclosure and reporting obligations €620,000

BaFin imposed fines on the battery manufacturer because it had not disclosed inside information without delay and had not published the half-yearly financial report for the 2024 financial year.

What organisations can take from it

Ad hoc assessments and periodic disclosure require fixed responsibilities and deadline controls so that neither inside information nor mandatory reports are left pending.

Authority / court: Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin)
Area of law: Capital markets and financial supervision · Disclosure and reporting obligations
Legal basis: Art. 17 Abs. 1 UAbs. 1 MAR; § 115 Abs. 1 Satz 1 WpHG
Action: Fine
Status of proceedings: final
Sector: Manufacturing and mechanical engineering
Published: 1 Jul 2026

Sources

VARTA AG: BaFin setzt Geldbußen fest Decision of an authority
Bekanntmachung der BaFin zur VARTA AG (Maßnahmenansicht mit Rechtskraftvermerk) Official register or notice

Checked against the official source on 25 Sep 2026 · Direct link

Report an error

1 Mar 2024 MTU Aero Engines AGMTU Aero Engines: inside information not disclosed without delay GermanyDisclosure and reporting obligations overturned

BaFin imposed a fine of 510,000 EUR on the engine manufacturer because it allegedly had not disclosed inside information without delay. Following an objection by the company, the Local Court of Frankfurt am Main (Amtsgericht) discontinued the proceedings on 21 January 2025 pursuant to Section 47 (2) OWiG (German Administrative Offences Act).

What organisations can take from it

Document the ad hoc assessment in such a way that the company can later substantiate its decision on the timing and content of a disclosure.

Relevance to training and awareness

Ad hoc disclosure: recognising inside information and disclosing it without delay

Authority / court: Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin)
Area of law: Capital markets and financial supervision · Disclosure and reporting obligations
Legal basis: Art. 17 Abs. 1 UAbs. 1 MAR
Action: Fine
Status of proceedings: overturned
Sector: Manufacturing and mechanical engineering
Published: 20 Mar 2024

Amount in EUR; no ECB reference rate is available for this currency.

Sources

MTU Aero Engines AG: BaFin setzt Geldbuße fest Decision of an authority
Bekanntmachung der BaFin zur MTU Aero Engines AG (Maßnahmenansicht mit Rechtskraftvermerk) Official register or notice

Checked against the official source on 25 Sep 2026 · Direct link

Report an error

7 Dec 2023 KION Group AGKION Group: ad hoc disclosure obligation breached, fine final GermanyDisclosure and reporting obligations €280,000

The intralogistics and forklift truck group had not disclosed inside information. BaFin imposed a fine of 280,000 EUR, which has been final since January 2024.

What organisations can take from it

Escalate potential inside information to the ad hoc disclosure committee immediately, not at the next reporting date.

Relevance to training and awareness

Ad hoc disclosure: recognising inside information and disclosing it without delay

Authority / court: Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin)
Area of law: Capital markets and financial supervision · Disclosure and reporting obligations
Legal basis: Art. 17 Abs. 1 UAbs. 1 MAR
Action: Fine
Status of proceedings: final
Sector: Manufacturing and mechanical engineering
Published: 21 Dec 2023

Sources

KION Group AG: BaFin setzt Geldbuße fest Decision of an authority
Bekanntmachung der BaFin zur KION Group AG (Maßnahmenansicht mit Rechtskraftvermerk) Official register or notice

Checked against the official source on 25 Sep 2026 · Direct link

Report an error

How the radar is compiled

Official sources only

Every case is based on a decision, press release or database of an authority or a court. Press and law-firm reports count at most as additional references.

Four-eyes check

Whoever enters a case may not approve it. A second, independent check compares company, date, amount and area of law with the source. Only then is the case published.

Comparable amounts

Amounts are converted at the ECB reference rate on the day of the decision. Each case also shows the original amount.

Corrections on record

A correction is a new version that is checked again. Every change is logged. You can report errors directly on each case.

Case texts are translated from the German original. Where a translation is not yet available, the German text is shown and marked “(German original)”. Names of authorities, laws and companies are given as in the source.

The radar reports on published decisions and is not legal advice. Decisions that are not yet final are marked as such where the status is known.

Embed the radar on your website

Who was sanctioned, and for what?

Ready for training that sticks?