Compliance Radar

Who was sanctioned, and for what?

Fines, court rulings and incidents from Europe and North America: 756 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.

6cases from 1 jurisdiction
€31.8mTotal of monetary amounts
€15.6mLargest single case: Macquarie Bank Limited, London Branch
€409,389Median per case with an amount

Click a bar to drill down one level.

When?

per quarter, by date of decision
Trend
PeriodCasesTotal
Q3 20230—
Q4 20230—
Q1 20240—
Q2 20240—
Q3 20240—
Q4 20242€15.8m
Q1 20250—
Q2 20250—
Q3 20250—
Q4 20251€353,702
Q1 20263€15.7m
Q2 20260—
Q3 20260—

6 cases

27 Mar 2026 Dinosaur Merchant Bank LimitedDinosaur Merchant Bank: 338,000 GBP – CFD trading without market abuse surveillance United KingdomOrganisational requirements €389,760

After a new order management system was introduced in June 2024, CFD transactions with an underlying value of around 3.05 billion USD were not captured by automated trade surveillance. The bank identified the error in October 2024 but only remedied it in May 2025; the Financial Conduct Authority (FCA) imposed 338,000 GBP after a 30% cooperation discount.

What organisations can take from it

With every system migration, check whether surveillance systems actually capture the new data flows.

Authority / court
Financial Conduct Authority (FCA)
Area of law
Capital markets and financial supervision · Organisational requirements
Legal basis
Art. 16 Abs. 2 UK MAR; SYSC 6.1.1R; FCA Principle 3
Action
Fine
Status of proceedings
final
Sector
Financial services and insurance
Mitigating circumstances
Full cooperation (30% discount); CFD business discontinued in May 2025.

Original amount 338,000 GBP, converted at the ECB reference rate of 27 Mar 2026.

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

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3 Mar 2026 John Wood Group PLCJohn Wood Group: incorrect financial results published – almost 13 million GBP United KingdomDisclosure and reporting obligations €14.9m

The energy services company published incorrect results for the 2022 and 2023 financial years and for the first half of 2024; accounting judgements were influenced by the desire to maintain previously reported figures, and systems and controls were inadequate. The UK Financial Conduct Authority (FCA) imposed a fine of 12,993,700 GBP (18,562,500 GBP without the 30 % discount).

What organisations can take from it

Accounting judgements must not be geared to figures already communicated – this is a control failure, not a calculation error.

Authority / court
Financial Conduct Authority (FCA)
Area of law
Capital markets and financial supervision · Disclosure and reporting obligations
Legal basis
Listing Rule 1.3.3R; Listing Principle 1
Action
Fine
Status of proceedings
final
Sector
Energy and utilities
Employees
10,000 or more
Mitigating circumstances
30 % discount for early settlement and acceptance of the findings
Published
4 Mar 2026

Original amount 12,993,700 GBP, converted at the ECB reference rate of 3 Mar 2026.

Sources

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

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7 Jan 2026 Richard Adam und Zafar Khan (ehem. Finanzvorstände der Carillion plc, in Liquidation)Carillion: former finance directors personally penalised for misleading announcements United KingdomMarket abuse and insider dealing €429,017

The former finance directors Richard Adam and Zafar Khan acted recklessly and were involved in the construction group's breaches of MAR and the Listing Rules: the financial reporting on the UK construction business was inaccurate, and the board was not informed of serious problems. Fines: 232,800 GBP (Adam) and 138,900 GBP (Khan).

What organisations can take from it

Finance directors are personally liable if they fail to escalate known problems to the board and allow embellished figures to be published.

Authority / court
Financial Conduct Authority (FCA)
Area of law
Capital markets and financial supervision · Market abuse and insider dealing
Legal basis
Art. 15 MAR (Marktmanipulation durch falsche Informationen); Listing Rule 1.3.3R; Listing Principle 1; Premium Listing Principle 2
Action
Fine
Status of proceedings
final
Sector
Construction and real estate
Liability of senior managers
Richard Adam (finance director until 2016): 232,800 GBP; Zafar Khan (finance director 2017): 138,900 GBP

Original amount 371,700 GBP, converted at the ECB reference rate of 7 Jan 2026.

Sources

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

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19 Dec 2025 Russel Gerrity (Berater; Handel in Chariot Oil & Gas und Eco (Atlantic) Oil and Gas)Oil and gas consultant trades on knowledge of drilling results – insider dealing United KingdomMarket abuse and insider dealing €353,702

Between 2018 and 2022, a consultant with access to confidential drilling results bought shares in Chariot Oil & Gas and Eco (Atlantic) Oil and Gas ahead of positive announcements and on one occasion sold ahead of a negative one. The FCA imposed 309,843 GBP (128,765 GBP disgorgement, 181,078 GBP penalty); the investigation was triggered by suspicious transaction and order reports (STORs) from a financial firm.

What organisations can take from it

Put external consultants with access to project or exploration data on the insider list and instruct them on trading bans.

Relevance to training and awareness

Insider dealing ban for external consultants with project access

Authority / court
Financial Conduct Authority (FCA)
Area of law
Capital markets and financial supervision · Market abuse and insider dealing
Legal basis
Art. 14(a) UK MAR
Action
Fine
Status of proceedings
final
Sector
Energy and utilities
Culpability
intentional
Mitigating circumstances
30 % discount for settlement at an early stage of the proceedings
Published
16 Jan 2026

Original amount 309,843 GBP, converted at the ECB reference rate of 19 Dec 2025.

Sources

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

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26 Nov 2024 Macquarie Bank Limited, London BranchMacquarie Bank London: 13 million GBP – trader concealed over 400 fictitious trades United KingdomOrganisational requirements €15.6m

From June 2020 to February 2022, a trader on the metals and commodities desk was able to book over 400 fictitious trades and circumvent three key internal controls in order to conceal losses; the bank was partly aware of the weaknesses but did not remedy them in time. Unwinding the positions cost around 57.8 million USD; the Financial Conduct Authority (FCA) imposed 13 million GBP on the bank and banned the trader Travis Klein.

What organisations can take from it

Close known control weaknesses in trading with a deadline and a responsible person – otherwise a lone perpetrator becomes an organisational failure.

Relevance to training and awareness

Recognising and reporting circumvention of controls in trading

Authority / court
Financial Conduct Authority (FCA)
Area of law
Capital markets and financial supervision · Organisational requirements
Legal basis
FCA Principles for Businesses, Principle 3 (Systeme und Kontrollen); s. 206 Financial Services and Markets Act 2000
Action
Fine
Status of proceedings
final
Sector
Financial services and insurance
Employees
10,000 or more
Liability of senior managers
Prohibition order imposed on the trader; no fine imposed on him on grounds of serious financial hardship.

Original amount 13,031,400 GBP, converted at the ECB reference rate of 26 Nov 2024.

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

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26 Nov 2024 András Sebők (ehem. Chief Supply Chain Officer der Wizz Air Holdings plc)Wizz Air: executive trades in closed periods and fails to notify own transactions United KingdomMarket abuse and insider dealing €147,940

In 2019–2020, the former Chief Supply Chain Officer András Sebők carried out 115 transactions in Wizz Air shares worth more than 4 million GBP, some of them in the 30-day closed periods before the publication of results, and did not notify them within three business days. First FCA penalty against a person discharging managerial responsibilities (PDMR) for dealing in a closed period: 123,500 GBP.

What organisations can take from it

Executives need annual instruction and a pre-clearance procedure for their own share dealings, including closed periods.

Relevance to training and awareness

Directors' dealings: closed periods and notification obligations of executives

Authority / court
Financial Conduct Authority (FCA)
Area of law
Capital markets and financial supervision · Market abuse and insider dealing
Legal basis
Art. 19 MAR
Action
Fine
Status of proceedings
final
Sector
Transport, logistics and shipping
Mitigating circumstances
30 % discount for settlement
Liability of senior managers
András Sebők (former Chief Supply Chain Officer): 123,500 GBP
Published
27 Nov 2024

Original amount 123,500 GBP, converted at the ECB reference rate of 26 Nov 2024.

Sources

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

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