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 action- Fine €583.4m 100 % · 77 cases
- Disgorgement of profits €2.11m 0 % · 1 case
- Order – 0 % · 1 case
- Reprimand or warning – 0 % · 1 case
Who?
by sectorAll sectors
- Financial services and insurance €263.5m 45 % · 46 cases
- Healthcare €166.7m 28 % · 1 case
- Transport, logistics and shipping €43.8m 7 % · 4 cases
- Food and agriculture €37.8m 6 % · 3 cases
- Automotive €23.8m 4 % · 2 cases
- Other €17.6m 3 % · 3 cases
- Energy and utilities €15.7m 3 % · 5 cases
- Telecoms, IT and software €6.17m 1 % · 4 cases
- Retail and e-commerce €3.61m 1 % · 2 cases
- Defence and security €2.56m 0 % · 2 cases
- 4 more€4.29m
When?
per year, by date of decision| Period | Cases | Total |
|---|---|---|
| 2022 | 4 | €13.3m |
| 2023 | 8 | €60m |
| 2024 | 20 | €318.8m |
| 2025 | 17 | €14.7m |
| 2026 | 31 | €178.7m |
80 cases
16 Sep 2026 ENECHANGE株式会社ENECHANGE: 91.495 million JPY over overstated revenue in quarterly report and prospectus €511,488
Because revenue had been overstated at the company and its consolidated subsidiary or subsidiaries, the quarterly report for the third quarter of 2023 (filed on 10 November 2023) showed a consolidated loss of 1,382,861 thousand JPY instead of 1,662,516 thousand JPY; the registration statement for a share issue relied on this report, and on 26 February 2024 3,784,200 shares were issued for 3,999,899,400 JPY. After the company admitted the facts and the amount, an administrative monetary penalty (kachōkin) of 91,495,000 JPY was imposed: 1,500,000 JPY for the quarterly report and 89,995,000 JPY for the registration statement.
Revenue recognition at subsidiaries should be scrutinised before any capital increase; an error in a quarterly report becomes many times more expensive through the prospectus.
Correct revenue recognition before capital market transactions
- Authority / court
- Financial Services Agency (FSA, 金融庁) auf Empfehlung der Securities and Exchange Surveillance Commission (SESC, 証券取引等監視委員会)
- Area of law
- Capital markets and financial supervision · Disclosure and reporting obligations
- Legal basis
- Financial Instruments and Exchange Act (FIEA, 金融商品取引法) Art. 172-4 Abs. 2 a. F., Art. 172-2 Abs. 1 Nr. 1, Art. 185-7 Abs. 1 und 14
- Action
- Fine
- Status of proceedings
- unknown
- Sector
- Energy and utilities
- Mitigating circumstances
- Both partial amounts were halved because the company had filed a report for a reduction before the inspection began (Art. 185-7(14) FIEA).
- Published
- 17 Sep 2026
Original amount 91,495,000 JPY, converted at the ECB reference rate of 16 Sep 2026.
- 金融庁 – 決定要旨 令和８年度（判）第４号 ＥＮＥＣＨＡＮＧＥ株式会社 (Entscheidung vom 16.09.2026) Decision of an authority
- 金融庁 – ＥＮＥＣＨＡＮＧＥ（株）における四半期報告書等の虚偽記載に対する課徴金納付命令の決定について（令和８年９月17日） Press release of an authority
- SESC – ＥＮＥＣＨＡＮＧＥ株式会社における四半期報告書等の虚偽記載に係る課徴金納付命令勧告について（令和８年６月12日） Press release of an authority
- 金融庁 – 令和８年度課徴金納付命令等一覧 Enforcement database of an authority
Checked against the official source on 4 Oct 2026 · Direct link
Report an error
16 Jul 2026 Swedbank AB (publ) (mit New York Branch)NYDFS: USD 50 million against Swedbank for withholding information €43.6m
The NYDFS imposed a penalty of USD 50 million on Swedbank AB (publ) and its New York branch. In response to several requests by the regulator under section 37 of the New York Banking Law concerning links between its Baltic subsidiaries and the law firm Mossack Fonseca (Panama Papers) and the status of European investigations, the bank did not provide the requested information, in breach of section 125(3) of the New York Banking Law. The authority allegedly made the findings set out here; this account is not based on a final judgment.
Information requests from the regulator must be answered in full; withholding information is sanctioned in its own right.
Complete and truthful disclosures to the regulator
- Authority / court
- New York State Department of Financial Services (NYDFS)
- Area of law
- Capital markets and financial supervision · Disclosure and reporting obligations
- Legal basis
- New York Banking Law § 125(3) i. V. m. § 37; Sanktion nach Banking Law §§ 39, 44
- Action
- Fine
- Status of proceedings
- final
- Sector
- Financial services and insurance
- Employees
- 10,000 or more
- Liability of senior managers
- According to the order, the bank has since, among other things, dismissed its then Chief Compliance Officer and its former CEO and parted ways with numerous other employees; the majority of the board has been replaced.
- Published
- 16 Jul 2026
Original amount 50,000,000 USD, converted at the ECB reference rate of 16 Jul 2026.
Checked against the official source on 3 Oct 2026 · Direct link
Report an error
16 Jul 2026 HDI Global SEPRA: £4.165m fine on HDI Global SE for inaccurate data on the FSCS compensation scheme €4.91m
The PRA fined HDI Global SE, an insurer headquartered in Hanover that operates in the UK through a branch, 4,165,000 GBP. Between August 2021 and August 2024 the firm repeatedly submitted incorrect data on liabilities protected by the FSCS and on the FSCS levy tariff, including in supposedly corrected submissions; it lacked written procedures, clear accountability and internal oversight, and before summer 2023 it did not consult the PRA's rules and guidance.
Returns used to calculate levies need documented calculation procedures and independent review – especially where corrections are submitted.
- Authority / court
- Prudential Regulation Authority (PRA), Bank of England
- Area of law
- Capital markets and financial supervision · Disclosure and reporting obligations
- Legal basis
- PRA Fundamental Rules 2 und 6; s. 206 FSMA 2000
- Action
- Fine
- Status of proceedings
- final
- Sector
- Financial services and insurance
- Culpability
- negligent
- Mitigating circumstances
- Detailed account under the Early Account Scheme, settlement with a 30% discount (otherwise 5,950,000 GBP), corrected historical data and additional FSCS levies paid; in the PRA's view the breaches were neither deliberate nor reckless.
- Published
- 20 Jul 2026
Original amount 4,165,000 GBP, converted at the ECB reference rate of 16 Jul 2026.
- PRA Final Notice to HDI Global SE, 16 July 2026 Decision of an authority
- Bank of England news release: PRA fines HDI Global SE £4,165,000 for inaccurate reporting (20 July 2026) Press release of an authority
Checked against the official source on 3 Oct 2026 · Direct link
Report an error
16 Jul 2026 TeamViewer SETeamViewer: cyberattack not disclosed as inside information without delay €240,000
Germany's Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, BaFin) imposed a fine of 240,000 EUR on the software company because it had not disclosed the information about a cyberattack it had suffered as inside information without delay. The fine notice is final.
Put serious IT security incidents immediately before the ad hoc disclosure committee as well – the incident response process must take capital market disclosure into account.
Recognising security incidents as potential inside information and reporting them to the ad hoc disclosure committee
- 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 (EU) Nr. 596/2014
- Action
- Fine
- Status of proceedings
- final
- Sector
- Telecoms, IT and software
- Published
- 20 Jul 2026
- TeamViewer SE: BaFin setzt Geldbuße fest Decision of an authority
- Bekanntmachung der BaFin zur TeamViewer SE (Maßnahmenansicht mit Rechtskraftvermerk) Official register or notice
Checked against the official source on 25 Sep 2026 · Direct link
Report an error
10 Jul 2026 Brown Capital Management LLCBrown Capital Management: voting rights notifications not submitted on time €187,500
The Baltimore-based US asset manager had not submitted voting rights notifications to the issuer and BaFin in time; the deadline is four trading days after reaching a notifiable threshold. BaFin imposed a fine of 187,500 EUR; the notice is final.
Anyone investing in German issuers needs automated threshold monitoring with clear responsibility for the four-day deadline.
Threshold monitoring and notification deadlines for shareholdings
- Authority / court
- Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin)
- Area of law
- Capital markets and financial supervision · Disclosure and reporting obligations
- Legal basis
- § 33 Abs. 1 Satz 1 WpHG
- Action
- Fine
- Status of proceedings
- final
- Sector
- Financial services and insurance
- Published
- 22 Jul 2026
- Brown Capital Management LLC: BaFin setzt Geldbußen fest Decision of an authority
- Bekanntmachung der BaFin zur Brown Capital Management LLC (Maßnahmenansicht mit Rechtskraftvermerk) Official register or notice
Checked against the official source on 25 Sep 2026 · Direct link
Report an error
3 Jul 2026 ASX LimitedASX: 20.5 million AUD for misleading announcement on CHESS replacement project €12.4m
The Federal Court of Australia, on application by the Australian Securities and Investments Commission (ASIC, Australia's corporate, markets and financial services regulator), imposed a penalty of 20.5 million AUD on the exchange operator because a market announcement of 10 February 2022 stated that the project to replace its CHESS clearing and settlement system was progressing well. About six weeks later ASX announced a likely delay and paused the project in November 2022; in June 2026 it admitted contraventions of ss 12DA and 12DB of the ASIC Act.
Progress updates on major projects must reflect the actual status, including known risks – and operators of critical market infrastructure are held to a particularly high standard.
Accuracy and balance of market announcements about ongoing major projects
- Authority / court
- Federal Court of Australia (auf Antrag der Australian Securities and Investments Commission, ASIC)
- Area of law
- Capital markets and financial supervision · Disclosure and reporting obligations
- Legal basis
- Australian Securities and Investments Commission Act 2001 (Cth) ss 12DA, 12DB(1)(a) und (e)
- Action
- Fine
- Status of proceedings
- unknown
- Sector
- Financial services and insurance
- Published
- 3 Jul 2026
Original amount 20,500,000 AUD, converted at the ECB reference rate of 3 Jul 2026.
Checked against the official source on 3 Oct 2026 · Direct link
Report an error
30 Jun 2026 „Paysera LT“, UABPaysera: daily fine for missing annual accounts adds up to 362,000 EUR €362,000
Because Paysera did not comply with the order to submit its 2024 annual financial statements by 30 September 2025, the Lietuvos bankas (Bank of Lithuania, financial supervisor) first imposed 20,000 EUR in November 2025 and then a daily fine of 1,000 EUR (rising to 2,000 and 3,000 EUR respectively). As the infringement was only remedied after 6 May 2026, the daily fine added up to 362,000 EUR. Source: archived copy of the press release.
Running daily fines make every delay expensive – supervisory orders need top-management priority.
- Authority / court
- Lietuvos bankas (Litauische Zentralbank, Finanzaufsicht)
- Area of law
- Capital markets and financial supervision · Disclosure and reporting obligations
- Legal basis
- Aufsichtsrechtliche Anordnung und Berichtspflichten nach litauischem E-Geld-Recht
- Action
- Fine
- Status of proceedings
- unknown
- Sector
- Financial services and insurance
- Repeat case
- yes
- Published
- 30 Jun 2026
- Lietuvos bankas, Pranešimas 2026-06-30 (Archivkopie web.archive.org von lb.lt) Press release of an authority
Checked against the official source on 25 Sep 2026 · Direct link
Report an error
24 Jun 2026 Exmar NVExmar: €350,000 for late disclosure of inside information €350,000
The Sanctions Committee of the FSMA (Belgian Financial Services and Markets Authority) found that the shipping company Exmar NV, listed on Euronext Brussels, had not disclosed as soon as possible inside information it held on 19 May and 18 June 2020; the information related to a customer's missing payments for the charter of a floating LNG facility. It imposed a fine of 350,000 EUR and ordered publication by name for one year. Exmar has lodged an appeal with the Market Court.
Payment problems of a major customer can be inside information; the ad hoc assessment must be carried out immediately and documented.
Ad hoc disclosure: identifying and promptly publishing inside information
- Authority / court
- Autoriteit voor Financiële Diensten en Markten / Autorité des services et marchés financiers (FSMA) – Sanctiecommissie
- Area of law
- Capital markets and financial supervision · Disclosure and reporting obligations
- Legal basis
- Art. 17 Verordnung (EU) Nr. 596/2014 (MAR); Art. 36 § 2 und Art. 72 § 3 Gesetz vom 2. August 2002 über die Aufsicht über den Finanzsektor
- Action
- Fine
- Status of proceedings
- under appeal
- Sector
- Transport, logistics and shipping
- FSMA Sanctiecommissie, Beslissing d.d. 24 juni 2026 ten aanzien van Exmar NV Decision of an authority
Checked against the official source on 2 Oct 2026 · Direct link
Report an error
23 Jun 2026 Bourse Direct SAAMF: EUR 800,000 on online broker Bourse Direct over reporting and monitoring failures €800,000
According to the AMF (Autorité des marchés financiers, French financial markets authority) Enforcement Committee, the online broker Bourse Direct did not properly submit its transaction reports under Art. 26 MiFIR between January 2021 and November 2023 and did not maintain an adequate system to detect and report suspicious orders and transactions under Art. 16(2) MAR. The company received EUR 800,000. The amount covers only the sanction imposed on the company.
Investment firms should regularly test transaction reporting and market abuse surveillance for completeness and effectiveness.
Transaction reporting and market abuse surveillance at brokers
- Authority / court
- Autorité des marchés financiers (AMF), Commission des sanctions
- Area of law
- Capital markets and financial supervision · Disclosure and reporting obligations
- Legal basis
- Art. 26 Verordnung (EU) Nr. 600/2014 (MiFIR); Art. 15 Delegierte Verordnung (EU) 2017/590; Art. 16 Abs. 2 Verordnung (EU) Nr. 596/2014 (MAR); Art. 2, 3 Delegierte Verordnung (EU) 2016/957
- Action
- Fine
- Status of proceedings
- unknown
- Sector
- Financial services and insurance
- Employees
- 50 to 249
- Published
- 25 Jun 2026
- AMF Commission des sanctions, Décision n° 4 du 23 juin 2026 (SAN-2026-05), Bourse Direct Decision of an authority
- AMF: SAN-2026-05, Entscheidungsseite Enforcement database of an authority
Checked against the official source on 2 Oct 2026 · Direct link
Report an error
23 Jun 2026 VARTA AGVARTA: late ad hoc announcement and missing half-yearly financial report €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.
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
- 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
16 Jun 2026 Banco BPM S.p.A.; Banco BPM Vita S.p.A.CONSOB fines Banco BPM and BPM Vita €570,000 over delayed disclosure of ECB letter €570,000
The CONSOB (Italian securities regulator) fined Banco BPM S.p.A. 370,000 EUR, of which 170,000 EUR for late disclosure of inside information under Art. 17(1) MAR and 200,000 EUR for obstructing supervision under Art. 187-quinquiesdecies of the Consolidated Law on Finance (TUF), and fined its subsidiary Banco BPM Vita S.p.A. 200,000 EUR, 570,000 EUR in total. In connection with BPM Vita's tender offer for Anima Holding S.p.A., the bank disclosed an ECB letter of 21 March 2025 rejecting the application of the so-called Danish Compromise to CONSOB and the market only four days later, after two trading days of the acceptance period. Both companies had previously informed CONSOB only incompletely about their discussions with the ECB.
Supervisory decisions affecting an ongoing takeover bid must be disclosed to the market and the supervisor at once rather than weighed internally.
Ad hoc disclosure and transparency towards the supervisor in takeovers
- Authority / court
- CONSOB (Commissione Nazionale per le Società e la Borsa)
- Area of law
- Capital markets and financial supervision · Disclosure and reporting obligations
- Legal basis
- Art. 17 Abs. 1 Verordnung (EU) 596/2014 (MAR); Art. 187-ter.1 und Art. 187-quinquiesdecies Abs. 1 und 1-ter D.Lgs. 58/1998 (TUF)
- Action
- Fine
- Status of proceedings
- unknown
- Sector
- Financial services and insurance
- Culpability
- negligent
- Repeat case
- yes
- Published
- 23 Jun 2026
- CONSOB – Delibera n. 24044 del 16 giugno 2026 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
11 Jun 2026 Deutsche Bank AktiengesellschaftDeutsche Bank AG: AUD 2m penalty for inaccurate derivative trade reporting €1.21m
ASIC issued an infringement notice because on 208 business days between October 2024 and August 2025 Deutsche Bank had not accurately reported the “direction” fields for 20,483 outstanding and 244,091 terminated or matured OTC derivative transactions, mostly foreign exchange trades, to trade repositories. The bank allegedly paid AUD 2 million under the infringement notice; payment is not an admission of guilt.
Derivative reporting systems need plausibility checks on mandatory fields, otherwise individual errors add up to systemic breaches.
Data quality in regulatory transaction reporting
- Authority / court
- Australian Securities and Investments Commission (ASIC)
- Area of law
- Capital markets and financial supervision · Disclosure and reporting obligations
- Legal basis
- Rule 2.2.6 ASIC Derivative Transaction Rules (Reporting) 2024; reg 7.5A.104 Corporations Regulations 2001
- Action
- Fine
- Status of proceedings
- final
- Sector
- Financial services and insurance
- Employees
- 10,000 or more
- Mitigating circumstances
- Cooperation with ASIC and measures to prevent further reporting errors.
- Published
- 13 Jul 2026
Original amount 2,000,000 AUD, converted at the ECB reference rate of 11 Jun 2026.
- ASIC 26-149MR: Deutsche Bank pays $2 million penalty for systemic trade reporting failures Press release of an authority
- ASIC Infringement Notice an Deutsche Bank Aktiengesellschaft (DBK.0014.0001.0001), gegeben am 11. Juni 2026 Decision of an authority
- ASIC Infringement Notices Register Official register or notice
Checked against the official source on 3 Oct 2026 · Direct link
Report an error
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
27 May 2026 Soltec Power Holdings, SASoltec: incorrect 2023 annual figures reported to the market €190,000
The manufacturer of solar tracking systems disseminated its results for 2023 by way of an "Otra Información Relevante" announcement containing inaccurate information. Spain's National Securities Market Commission (CNMV) imposed a fine of 190,000 EUR for a serious infringement; the company waived administrative appeals.
Voluntary market announcements on results are also subject to MAR – figures must be reconciled before publication.
- Authority / court
- Comisión Nacional del Mercado de Valores (CNMV)
- Area of law
- Capital markets and financial supervision · Disclosure and reporting obligations
- Legal basis
- Art. 297.1.e i. V. m. 297.2.d Ley 6/2023; Art. 17 i. V. m. Art. 7 MAR
- Action
- Fine
- Status of proceedings
- unknown
- Sector
- Energy and utilities
- Published
- 3 Aug 2026
- Resolución de 17 de julio de 2026 (BOE-A-2026-16923) – sanción a Soltec Power Holdings, SA Official register or notice
- CNMV – Registro público de sanciones Official register or notice
Checked against the official source on 25 Sep 2026 · Direct link
Report an error
13 May 2026 Pareto Securities AbPareto Securities: EUR 115,000 for gaps and duplicate filings in transaction reporting €115,000
The Finanssivalvonta (FIN-FSA, Finnish Financial Supervisory Authority) imposed a penalty payment of 115,000 EUR on Pareto Securities Ab. The firm had submitted no transaction reports at all on 71 days in 2024 and 20 days in 2025, and between June 2023 and May 2025 it reported 13 transactions an unusually high number of times, most of them more than 300 times. The admission of the failings reduced the amount.
Automated reporting pipelines need controls that detect outages and duplicates immediately.
Monitoring automated reporting pipelines
- Authority / court
- Finanssivalvonta (FIN-FSA)
- Area of law
- Capital markets and financial supervision · Disclosure and reporting obligations
- Legal basis
- Art. 26 Abs. 1 UAbs. 1 MiFIR (VO (EU) Nr. 600/2014); Sijoituspalvelulaki 15 luku 2 § 7 mom. 5 kohta; FivaL 40 §, 41 §
- Action
- Fine
- Status of proceedings
- final
- Sector
- Financial services and insurance
- Mitigating circumstances
- Admission of the failings and cooperation with the supervisor.
- Published
- 13 May 2026
- Finanssivalvonta: Pareto Securities Ab:lle 115 000 euron seuraamusmaksu kaupparaportoinnin laiminlyönnistä (13.05.2026) Press release of an authority
- Finanssivalvonta: Toimituskirja johtokunnan päätöksestä 13.5.2026, FIVA/2026/79 Decision of an authority
- Finanssivalvonta: Finanssivalvonnan päätökset (keine Beschwerde, rechtskräftig) Enforcement database of an authority
Checked against the official source on 28 Sep 2026 · Direct link
Report an error
28 Apr 2026 Canva Pty Ltd; Canva Operations Pty Limited; Canva Trading Pty Ltd; Fusion Books Pty LtdCanva group: AUD 792,000 in penalties for late annual financial reports €485,086
Four Australian companies of the Canva group did not lodge their financial reports for the 2024 financial year with ASIC by the due date of 30 April 2025; the consolidated report followed only on 27 March 2026. ASIC issued an infringement notice of allegedly AUD 198,000 to each company (AUD 792,000 in total); the notices were paid, which is not an admission of guilt.
Even fast-growing technology groups must monitor the reporting deadlines of every single group company.
Lodgement deadlines for the financial reports of all group companies
- Authority / court
- Australian Securities and Investments Commission (ASIC)
- Area of law
- Capital markets and financial supervision · Disclosure and reporting obligations
- Legal basis
- s 319(1) Corporations Act 2001 (Cth); Bußgeldbescheide nach s 1317DAM
- Action
- Fine
- Status of proceedings
- final
- Sector
- Telecoms, IT and software
- Published
- 6 May 2026
Original amount 792,000 AUD, converted at the ECB reference rate of 28 Apr 2026.
- ASIC 26-090MR: Canva Group pays $792,000 in infringement notices for failing to lodge financial reports on time Press release of an authority
- ASIC Infringement Notice B00442525 an Canva Pty Ltd (28 April 2026) Decision of an authority
- ASIC Infringement Notice B00442527 an Fusion Books Pty Ltd (28 April 2026) Decision of an authority
- ASIC Infringement Notices Register Official register or notice
Checked against the official source on 3 Oct 2026 · Direct link
Report an error
20 Apr 2026 flatexDEGIRO SEBaFin fines flatexDEGIRO €1m for late ad hoc disclosure of special audit findings €1m
On 20 April 2026 BaFin (German Federal Financial Supervisory Authority) imposed a fine of 1,000,000 EUR on flatexDEGIRO SE. At the end of 2022, the company had not published the results of a special audit under § 44 KWG (German Banking Act) at flatexDEGIRO Bank AG, in which BaFin had identified deficiencies in business organisation, without delay as an ad hoc announcement, but only later as a press release. The fine is final.
Supervisory findings can also be inside information; a press release does not replace an ad hoc announcement.
Assessing supervisory audit findings as potential inside information
- 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 (Verordnung (EU) Nr. 596/2014)
- Action
- Fine
- Status of proceedings
- final
- Sector
- Financial services and insurance
- Published
- 30 Apr 2026
- BaFin: flatexDEGIRO SE: Bafin setzt Geldbuße fest (30.04.2026, geändert 07.05.2026) Press release of an authority
- BaFin: Bekanntmachung zur flatexDEGIRO SE Official register or notice
Checked against the official source on 2 Oct 2026 · Direct link
Report an error
20 Apr 2026 Arrowstreet Capital, Limited PartnershipAFM: €297,000 fine for Arrowstreet Capital over incorrect short position reports €297,000
On 20 April 2026 the Autoriteit Financiële Markten (AFM, Dutch Authority for the Financial Markets) fined the US asset manager Arrowstreet Capital, Limited Partnership 297,000 EUR because, between July 2020 and November 2024, an error in its calculation method led it to report its net short positions in Just Eat Takeaway.com and Galapagos to the AFM too low on 101 occasions, 85 of which also breached the public disclosure obligation. Because the firm reported the error itself, corrected it quickly, cooperated fully and took measures against recurrence, the AFM reduced the base amount by 30%; the simplified settlement brought a further 15% reduction, and the matter is closed.
Calculation methods used for reporting obligations should be validated regularly; self-reporting after discovering an error noticeably lowers the fine.
Correct calculation and reporting of net short positions
- Authority / court
- Autoriteit Financiële Markten (AFM)
- Area of law
- Capital markets and financial supervision · Disclosure and reporting obligations
- Legal basis
- Art. 5 Abs. 1 und Art. 6 Abs. 1 Verordnung (EU) Nr. 236/2012 (Leerverkaufsverordnung, SSR)
- Action
- Fine
- Status of proceedings
- final
- Sector
- Financial services and insurance
- Mitigating circumstances
- Self-reporting, prompt correction, full cooperation and measures against recurrence (−30% on the base amount); simplified settlement (−15%).
- Published
- 22 Apr 2026
- AFM: Arrowstreet Capital krijgt boete voor onjuiste meldingen van shortposities Press release of an authority
- AFM: Besluit tot het opleggen van een bestuurlijke boete aan Arrowstreet Capital, Limited Partnership (20 april 2026) Decision of an authority
Checked against the official source on 2 Oct 2026 · Direct link
Report an error
9 Apr 2026 Electro Optic Systems Holdings LimitedElectro Optic Systems: 4 million AUD for late correction of revenue guidance €2.41m
The Federal Court of Australia, on application by the Australian Securities and Investments Commission (ASIC, Australia's corporate, markets and financial services regulator), imposed an allegedly agreed penalty of 4 million AUD on the listed manufacturer of defence, space and communications technology. By 25 July 2022 the company knew that its 2022 revenue was likely to fall materially short of its published guidance of at least 212.3 million AUD, but did not correct the guidance until 31 October 2022; the court found a continuing breach of the continuous disclosure obligation.
Once it becomes apparent that published guidance will be materially missed, the correction must be disclosed without delay.
Continuous disclosure: handling deviations from guidance and escalating them internally to those responsible for disclosure
- Authority / court
- Federal Court of Australia (auf Antrag der Australian Securities and Investments Commission, ASIC)
- Area of law
- Capital markets and financial supervision · Disclosure and reporting obligations
- Legal basis
- Corporations Act 2001 (Cth) s 674A(2) i. V. m. s 1317QA
- Action
- Fine
- Status of proceedings
- unknown
- Sector
- Defence and security
- Liability of senior managers
- Measures against individuals are not set out here.
- Published
- 9 Apr 2026
Original amount 4,000,000 AUD, converted at the ECB reference rate of 9 Apr 2026.
Checked against the official source on 3 Oct 2026 · Direct link
Report an error
8 Apr 2026 The Goldman Sachs Group, Inc.Goldman Sachs Group: SEK 1.5m for late major shareholding notifications €139,095
Finansinspektionen (FI, Swedish Financial Supervisory Authority) imposed an administrative fine of 1,500,000 SEK on The Goldman Sachs Group, Inc. because six crossings of the 5% threshold for shares and voting rights in Lundin Mining Corporation, Samhällsbyggnadsbolaget i Norden AB and Scandic Hotels Group AB were notified between 1 and 104 trading days late; a further transaction (Lundin Mining, 27 March 2025) was closed without sanction. FI took into account that a professional market participant had committed breaches in several issuers and saw no grounds for waiving the fine.
Group-wide shareholding monitoring must detect crossings of national notification thresholds on the day they occur and report them on time.
Major shareholding notifications (flagging) when thresholds are crossed
- Authority / court
- Finansinspektionen (FI)
- Area of law
- Capital markets and financial supervision · Disclosure and reporting obligations
- Legal basis
- 6 kap. 3 a § första stycket 4 lagen (1991:980) om handel med finansiella instrument (Flaggningspflicht)
- Action
- Fine
- Status of proceedings
- unknown
- Sector
- Financial services and insurance
- Employees
- 10,000 or more
- Published
- 10 Apr 2026
Original amount 1,500,000 SEK, converted at the ECB reference rate of 8 Apr 2026.
- FI: The Goldman Sachs Group, Inc. får sanktionsavgift för sena flaggningar (10.04.2026) Press release of an authority
- FI-Beschluss FI dnr 25-14288 vom 08.04.2026 – The Goldman Sachs Group, Inc. Decision of an authority
Checked against the official source on 28 Sep 2026 · Direct link