Compliance Radar
Who was sanctioned, and for what?
Fines, court rulings and incidents from Europe, North America and Asia-Pacific: 1,838 cases from 37 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 authority- Federal Court of Australia (auf Antrag der Australian Securities and Investments Commission, ASIC) €76.1m 97 % · 1 case
- Markets Disciplinary Panel (MDP) der Australian Securities and Investments Commission (ASIC) €2.18m 3 % · 1 case
What for?
by action- Fine €78.3m 100 % · 2 cases
Who?
by sectorAll sectors
When?
per quarter, by date of decision| Period | Cases | Total |
|---|---|---|
| Q4 2023 | 0 | – |
| Q1 2024 | 0 | – |
| Q2 2024 | 0 | – |
| Q3 2024 | 0 | – |
| Q4 2024 | 0 | – |
| Q1 2025 | 0 | – |
| Q2 2025 | 0 | – |
| Q3 2025 | 1 | €2.18m |
| Q4 2025 | 1 | €76.1m |
| Q1 2026 | 0 | – |
| Q2 2026 | 0 | – |
| Q3 2026 | 0 | – |
| Q4 2026 | 0 | – |
2 cases
19 Dec 2025 Australia and New Zealand Banking Group LimitedANZ: AUD 135m penalty over conduct in a government bond issue and false reporting €76.1m
In April 2023, as a bank managing a AUD 14 billion government bond issue for the Australian Office of Financial Management (AOFM), ANZ sold large volumes of bond futures around the time of pricing without informing the AOFM of its outstanding sales, and from 2021 to 2023 reported inflated secondary market turnover in government bonds to it. The Court imposed AUD 135 million: AUD 85 million for the bond issue (including AUD 80 million for unconscionable conduct) and AUD 50 million for the inaccurate turnover reporting, together with a compliance programme at its own cost. In three retail matters a further AUD 115 million was imposed on the same day in a separate judgment.
A bank managing an issue for a client must disclose its own hedging activity and must not report embellished figures to authorities.
Transparency and conflicts of interest in proprietary trading around client transactions; accuracy of reports to authorities
- Authority / court
- Federal Court of Australia (auf Antrag der Australian Securities and Investments Commission, ASIC)
- Area of law
- Capital markets and financial supervision · Market abuse and insider dealing
- Legal basis
- ss 12CB(1), 12DB(1)(a) ASIC Act 2001 (Cth); ss 912A(1)(a), (ca), (f), (5A), 912DAA, 1041H(1) Corporations Act 2001 (Cth)
- Action
- Fine
- Status of proceedings
- unknown
- Sector
- Financial services and insurance
- Employees
- 10,000 or more
- Mitigating circumstances
- Constructive engagement with ASIC and admissions at the earliest available opportunity.
- Published
- 19 Dec 2025
Original amount 135,000,000 AUD, converted at the ECB reference rate of 19 Dec 2025.
Checked against the official source on 3 Oct 2026 · Direct link
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30 Jul 2025 Societe Generale Securities Australia Pty LimitedSociete Generale Securities Australia: 3.88 million AUD for market gatekeeper failures €2.18m
The Markets Disciplinary Panel (MDP) of the Australian Securities and Investments Commission (ASIC, Australia's corporate, markets and financial services regulator) allegedly issued an infringement notice for 3,880,100 AUD to the second-largest participant on the ASX 24 futures market because, between May 2023 and February 2024, it allowed 33 orders from two clients in electricity and wheat futures, placed shortly before market close, which it should have suspected were intended to create a false or misleading appearance in the market ('marking the close', Rule 3.1.2(1)(b)(iii) of the Market Integrity Rules). The MDP considered the conduct reckless after repeated contact from ASIC and treated the firm's compliance culture as an aggravating factor; payment is not an admission of liability.
Firms that give clients market access must monitor their orders effectively and respond to regulators' warnings immediately with concrete action.
Detecting suspicious client orders (market manipulation, marking the close) in futures trading
Missing or inadequate training played a role in the decision.
- Authority / court
- Markets Disciplinary Panel (MDP) der Australian Securities and Investments Commission (ASIC)
- Area of law
- Capital markets and financial supervision · Market abuse and insider dealing
- Legal basis
- ASIC Market Integrity Rules (Futures Markets) 2017, Rule 3.1.2(1)(b)(iii); Corporations Act 2001 (Cth) s 798H(1); Infringement Notice nach reg 7.2A.04 Corporations Regulations 2001
- Action
- Fine
- Status of proceedings
- final
- Sector
- Financial services and insurance
- Published
- 2 Sep 2025
Original amount 3,880,100 AUD, converted at the ECB reference rate of 30 Jul 2025.
- ASIC Markets Disciplinary Panel – Infringement Notice MDP01/25 (Matter MDP 1213-24), Date given 30.07.2025 Decision of an authority
- ASIC – MDP Outcomes Register (Eintrag 02/09/2025, MDP01/25) Enforcement database of an authority
Checked against the official source on 3 Oct 2026 · Direct link