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 regionAll jurisdictions
What for?
by topicWho?
by company- Anonymised companies €17.6m 83 % · 3 cases
- Liquidaciones Vizcaya, SL; Albujón Solar 81, SL €3m 14 % · 1 case
- Forvis Mazars Accountants N.V. €446,000 2 % · 1 case
- Juventus Football Club S.p.A. €190,000 1 % · 1 case
- A. Tsokkos Hotels Public Limited €16,500 0 % · 1 case
- PricewaterhouseCoopers Hong Kong – 0 % · 1 case
When?
per year, by date of decision| Period | Cases | Total |
|---|---|---|
| 2024 | 3 | €17.6m |
| 2025 | 3 | €3.64m |
| 2026 | 2 | €16,500 |
8 cases
8 Jun 2026 A. Tsokkos Hotels Public LimitedCyprus: 16,500 EUR against A. Tsokkos Hotels for late annual financial report €16,500
The listed hotel group did not publish its 2024 annual financial report on time; the Cyprus Securities and Exchange Commission (CySEC) imposed a total of 16,500 EUR. At the same meeting, eleven other issuers were fined between 1,500 and 17,000 EUR for the same reason; a fine of 13,500 EUR had already been imposed on the company under the same law in 2025.
Publication deadlines for financial reports are not negotiable – repeated delays lead to fines and, in extreme cases, to suspension of trading.
- Authority / court
- Cyprus Securities and Exchange Commission (CySEC)
- Area of law
- Capital markets and financial supervision · Disclosure and reporting obligations
- Legal basis
- Sec. 9(1), 37(2)(a) Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law 2007
- Action
- Fine
- Status of proceedings
- unknown
- Sector
- Other
- Repeat case
- yes
- Published
- 7 Aug 2026
- CySEC Board Decision – Fines under the Transparency Requirements Law (08.06.2026) Decision of an authority
- CySEC Board Decision – Fines under the Transparency Requirements Law (14.07.2025, Jahresbericht 2023) Decision of an authority
Checked against the official source on 25 Sep 2026 · Direct link
Report an error
23 Apr 2026 PricewaterhouseCoopers Hong KongPwC Hong Kong: HKD 1bn compensation for Evergrande shareholders under SFC agreement Other
Under an agreement with the Securities and Futures Commission (SFC, Hong Kong's securities regulator), PricewaterhouseCoopers Hong Kong has undertaken to set aside 1,000,000,000 HKD to compensate independent minority shareholders of China Evergrande Group; in return the regulator will take no further action, without any admission of liability. China Evergrande's audited revenue was allegedly overstated by 44.79% for 2019 and 69.03% for 2020, and PwC Hong Kong, as auditor, was allegedly concerned in the dissemination of false information, allegedly did not maintain its independence and allegedly acquiesced in management's manipulation of audit samples and site inspections.
Auditors who tolerate manipulation of their audit procedures face a considerable risk of having to compensate investors.
Independence and professional scepticism in auditing
- Authority / court
- Securities and Futures Commission (SFC)
- Area of law
- Capital markets and financial supervision · Market abuse and insider dealing
- Legal basis
- s. 277 SFO (Cap. 571) (Auffassung der SFC, von PwC HK nicht anerkannt)
- Action
- Other
- Status of proceedings
- final
- Sector
- Other
- Published
- 23 Apr 2026
Checked against the official source on 3 Oct 2026 · Direct link
Report an error
17 Dec 2025 Juventus Football Club S.p.A.CONSOB fines Juventus €190,000 for market manipulation through its accounts €190,000
The CONSOB (Italian securities regulator) imposed a fine of EUR 190,000 on Juventus Football Club S.p.A. under Art. 187-quinquies of the Consolidated Law on Finance (TUF) because market manipulation within the meaning of Art. 187-ter TUF and Art. 15 MAR committed in its interest was attributed to it. According to the findings, the financial statements for 30 June 2020 and 30 June 2021 and the related announcements contained false or misleading information, including on gains from reciprocal player transfers, on deferred salary payments and on buy-back agreements. The decision is not final.
Dressing up financial figures through reciprocal deals or side agreements is market manipulation, for which the company itself is also liable.
Accounting for transfer deals and market manipulation
- Authority / court
- CONSOB (Commissione Nazionale per le Società e la Borsa)
- Area of law
- Capital markets and financial supervision · Market abuse and insider dealing
- Legal basis
- Art. 187-ter und 187-quinquies Abs. 1 lit. a D.Lgs. 58/1998 (TUF); Art. 15 Verordnung (EU) 596/2014 (MAR); Art. 6 Abs. 3 Gesetz 689/1981
- Action
- Fine
- Status of proceedings
- under appeal
- Sector
- Other
- Culpability
- intentional
- Mitigating circumstances
- The CONSOB noted that the company had strengthened its internal control system after the breaches.
- Liability of senior managers
- Measures against individuals are not reported here.
- Published
- 2 Jan 2026
- CONSOB – Delibera n. 23807 del 17 dicembre 2025 Decision of an authority
- CONSOB – Provvedimenti sanzionatori (Liste) Enforcement database of an authority
Checked against the official source on 28 Sep 2026 · Direct link
Report an error
29 Oct 2025 Forvis Mazars Accountants N.V.AFM: €446,000 fine for Forvis Mazars over cheating in internal training tests €446,000
On 29 October 2025 the Autoriteit Financiële Markten (AFM, Dutch Authority for the Financial Markets) fined the audit firm Forvis Mazars Accountants N.V. 446,000 EUR because its quality control system and business operations did not prevent almost 100 professionals at all levels from cheating in tests forming part of technical training between 2020 and 2023, for example by sharing answers or completing tests together. There were no specific rules or controls on the integrity of such tests, and no internal report about it was received. The fine was reduced because of the limited role of the internal tests in the quality system, good cooperation and measures taken, and was accepted in the simplified procedure.
Mandatory training tests need their own integrity rules and controls, and the speak-up culture must also cover cheating in professional training.
Integrity in mandatory training and speak-up culture
Missing or inadequate training played a role in the decision.
- Authority / court
- Autoriteit Financiële Markten (AFM)
- Area of law
- Capital markets and financial supervision · Organisational requirements
- Legal basis
- Art. 18 Abs. 1 und Art. 21 Abs. 1 Wet toezicht accountantsorganisaties (Wta)
- Action
- Fine
- Status of proceedings
- final
- Sector
- Other
- Mitigating circumstances
- Limited role of the internal tests in the quality system, good cooperation, recognition of the importance of culture and behaviour, measures against recurrence; simplified settlement.
- Published
- 31 Oct 2025
- AFM: AFM beboet Forvis Mazars voor examenfraude Press release of an authority
- AFM: Boetebesluit Forvis Mazars Accountants N.V. (29 oktober 2025) Decision of an authority
Checked against the official source on 2 Oct 2026 · Direct link
Report an error
5 Mar 2025 Liquidaciones Vizcaya, SL; Albujón Solar 81, SLShare price manipulation in a solar company's shares: EUR 3 million against two companies €3m
The CNMV (Comisión Nacional del Mercado de Valores, Spanish securities market regulator) found that the two companies had committed market manipulation when trading in shares of a listed Spanish photovoltaic company in the fourth quarter of 2022. On 5 March 2025 the CNMV Board imposed EUR 1,500,000 each on Liquidaciones Vizcaya SL and Albujón Solar 81 SL, EUR 3,000,000 in total. The decision is final as regards the two companies.
Market manipulation is punished with fines running into millions for the companies involved themselves as well.
- Authority / court
- Comisión Nacional del Mercado de Valores (CNMV)
- Area of law
- Capital markets and financial supervision · Market abuse and insider dealing
- Legal basis
- Art. 282.15 Ley del Mercado de Valores (Real Decreto Legislativo 4/2015) i. V. m. Art. 15 MAR
- Action
- Fine
- Status of proceedings
- final
- Sector
- Other
- Liability of senior managers
- Measures against individuals are not reported here.
- Published
- 8 Aug 2025
- BOE-A-2025-16492: Resolución de 24 de julio de 2025 de la CNMV Official register or notice
- CNMV Registro público de sanciones: Eintrag 24/07/2025 mit Vermerk vom 4. Dezember 2025 zur Rechtskraft Enforcement database of an authority
- CNMV – Registro público de sanciones impuestas por la CNMV Enforcement database of an authority
Checked against the official source on 28 Sep 2026 · Direct link
Report an error
26 Sep 2024 an audit firm in DubaiDFSA: enforceable undertaking from audit firm over late audit documentation Other
Over three years the audit firm, a Registered Auditor, failed to assemble complete and final documentation for several audit files in time, contrary to ISA 230 and ISQM 1. The DFSA accepted an Enforceable Undertaking in which the firm committed to remedial action; no fine was imposed.
Audit files must be completed on time – they evidence the audit opinion and are subject to supervision.
Timely archiving of audit files
- Authority / court
- Dubai Financial Services Authority (DFSA)
- Area of law
- Capital markets and financial supervision · Organisational requirements
- Legal basis
- International Standard on Auditing 230 (Audit Documentation); International Standard on Quality Management 1
- Action
- Other
- Status of proceedings
- final
- Sector
- Other
- Mitigating circumstances
- The DFSA expressly acknowledged the firm's cooperation.
- Published
- 26 Sep 2024
- Dubai Financial Services Authority (DFSA), Veröffentlichung der Behörde (Entscheidung 2024) Decision of an authority
Checked against the official source on 7 Oct 2026 · Company name anonymised since 26 Sep 2026 · Direct link
Report an error
16 Aug 2024 a large audit firmFCA: £15m fine for audit firm over failure to report concerns at a minibond issuer €17.6m
The FCA fined a large audit firm £15 million. The FCA found that, while auditing the 2016 accounts of a minibond issuer in autumn 2016, the audit firm encountered a lack of cooperation, aggressive behaviour and misleading information from the company. In the FCA's view, the audit firm should have reported to the FCA that this could be significant for supervision but did not. The issuer entered administration in 2019; investors had bought minibonds with a face value of around £237 million.
- Authority / court
- Financial Conduct Authority (FCA)
- Area of law
- Capital markets and financial supervision · Disclosure and reporting obligations
- Legal basis
- section 345 FSMA 2000 (Pflichten von Abschlussprüfern gegenüber der FCA)
- Action
- Fine
- Status of proceedings
- final
- Sector
- Other
Original amount 15,000,000 GBP, converted at the ECB reference rate of 16 Aug 2024.
- FCA, Final Notices (Übersicht) (Entscheidung 2024) Decision of an authority
Checked against the official source on 28 Sep 2026 · Version 4 · Company name anonymised since 16 Aug 2026 · Direct link
Report an error
6 Aug 2024 a UK audit firmFCA: Public censure for audit firm over deficient client assets reports Reprimand or warning
The FCA published a censure of a UK audit firm. The FCA found that, as external auditor of a regulated firm, between July 2015 and May 2019 it failed to prepare four client assets reports properly and did not report to the FCA a total of 25 breaches of the client assets rules (CASS) by that client. The FCA stressed that it relies on these reports for its supervision.
- Authority / court
- Financial Conduct Authority (FCA)
- Area of law
- Capital markets and financial supervision · Disclosure and reporting obligations
- Legal basis
- SUP 3.10.4A R(1); section 345 FSMA 2000
- Action
- Reprimand or warning
- Status of proceedings
- final
- Sector
- Other
- FCA, Final Notices (Übersicht) (Entscheidung 2024) Decision of an authority
Checked against the official source on 28 Sep 2026 · Version 4 · Company name anonymised since 6 Aug 2026 · Direct link