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.

5cases from 4 jurisdictions
€3.77mTotal of monetary amounts
€608,080Median 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 20241€420,000
Q4 20241€608,080
Q1 20250—
Q2 20251€1.72m
Q3 20250—
Q4 20250—
Q1 20261€625,000
Q2 20261€400,000
Q3 20260—

5 cases

13 May 2026 Oma Säästöpankki OyjOma Säästöpankki: 400,000 EUR over late and incomplete insider lists FinlandMarket abuse and insider dealing €400,000

The bank failed to draw up insider lists in good time for two pieces of inside information (termination of the core banking project with Cognizant in 2021, merger talks with Liedon Säästöpankki in 2022), did not update them and omitted mandatory information. The Finanssivalvonta (Finnish Financial Supervisory Authority, FIN-FSA) imposed a total fine of 400,000 EUR; the decision was not appealed and is final.

What organisations can take from it

Insider lists must be created from the moment inside information exists – a fixed process with designated responsible persons prevents gaps.

Relevance to training and awareness

Insider lists and handling of inside information

Authority / court
Finanssivalvonta (FIN-FSA)
Area of law
Capital markets and financial supervision · Market abuse and insider dealing
Legal basis
Verordnung (EU) Nr. 596/2014 (MAR) Art. 18 Abs. 1, 3 und 4; Durchführungsverordnung (EU) 2016/347
Action
Fine
Status of proceedings
final
Sector
Financial services and insurance
Mitigating circumstances
Measures to prevent recurrence and partial admission/cooperation had a mitigating effect.
Published
15 May 2026

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

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16 Jan 2026 M. van Wettum (indirekter Direktor einer an NX Filtration N.V. beteiligten Gesellschaft)Marking the close at NX Filtration: 625,000 EUR fine for investor NetherlandsMarket abuse and insider dealing €625,000

On the last trading day of 2023, shortly before the market close, the investor had NX Filtration shares bought in order – according to a recorded telephone call – to raise the closing price from 6.30 to 6.70 EUR, which succeeded. The Dutch Authority for the Financial Markets (AFM) classified this as market manipulation ("marking the close") and imposed a fine of 625,000 EUR.

What organisations can take from it

Influencing share prices on balance sheet dates is market manipulation – broker orders with price targets are recorded and analysed.

Relevance to training and awareness

Prohibited price support at year-end (marking the close)

Authority / court
Autoriteit Financiële Markten (AFM)
Area of law
Capital markets and financial supervision · Market abuse and insider dealing
Legal basis
Art. 15 MAR
Action
Fine
Status of proceedings
under appeal
Sector
Manufacturing and mechanical engineering
Culpability
intentional
Published
13 Jul 2026

Checked against the official source on 25 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 FranceMarket abuse and insider dealing €1.72m

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): Chenran Qiu 1 million EUR, ETS 400,000 EUR, DTG 300,000 EUR, SMCP 20,000 EUR.

What organisations can take from it

Issuers must effectively shield inside information even when the conflict originates with the major shareholder.

Relevance to training and awareness

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
Chenran Qiu: 1,000,000 EUR (ETS's infringements attributed to her)
Sources

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

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22 Nov 2024 Banus Port Vagyonkezelő Zrt.Banus Port: 250 million HUF for fictitious trading in 4iG shares HungaryMarket abuse and insider dealing €608,080

From September 2023 to May 2024, the asset management company used transactions worth several billion forints to create false signals about the trading volume of 4iG shares (‘painting the tape’). The Magyar Nemzeti Bank (Central Bank of Hungary, MNB) prohibited any repetition, imposed 250 million HUF and filed a criminal complaint.

What organisations can take from it

Transactions that mainly simulate turnover are market manipulation – even without a price target.

Authority / court
Magyar Nemzeti Bank (MNB)
Area of law
Capital markets and financial supervision · Market abuse and insider dealing
Legal basis
Art. 12, 15 MAR (Marktmanipulation), Beschluss H-PJ-III-B-26/2024
Action
Fine
Status of proceedings
unknown
Sector
Financial services and insurance
Culpability
intentional
Published
22 Nov 2024

Original amount 250,000,000 HUF, converted at the ECB reference rate of 22 Nov 2024.

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

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19 Jul 2024 Parrot SAParrot: misleading half-yearly report and insider dealing ahead of a takeover bid FranceMarket abuse and insider dealing €420,000

In its 2018 half-yearly report, the drone manufacturer disseminated misleading information on the absence of impairment indicators for the drone division, on goodwill and on earnings; in addition, the deputy managing director used inside information about a planned takeover bid. Sanctions: Parrot 150,000 EUR, CEO Henri Seydoux 60,000 EUR, Gilles Labossière 210,000 EUR.

What organisations can take from it

Impairment tests for loss-making divisions and trading bans for management are particularly sensitive in a takeover context.

Relevance to training and awareness

Insider dealing ban for executives in connection with takeover plans

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, Art. 15 MAR; Art. 8 und 14 MAR
Action
Fine
Status of proceedings
unknown
Sector
Telecoms, IT and software
Liability of senior managers
Henri Seydoux (Président-directeur général): 60,000 EUR; Gilles Labossière (directeur général délégué): 210,000 EUR, including for insider dealing
Sources

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

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