Compliance Radar
Who was sanctioned, and for what?
Fines, court rulings and incidents from Europe, North America, Latin America, Asia-Pacific and Middle East: 1,929 cases from 40 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.
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Where?
by authority- Financial Services Regulatory Authority (ADGM) €479,179 100 % · 1 case
What for?
by area of lawAll areas of law
Who?
by company- Wechselstube (anonymisiert) €48.4m 81 % · 1 case
- AC Holding Limited (Cayman Islands, Hayvn-Muttergesellschaft) €3.24m 5 % · 1 case
- AC Limited (Hayvn) €2.7m 5 % · 1 case
- Sundus Exchange €2.35m 4 % · 1 case
- Wechselstube (anonymisiert, Sanktion vom 19.02.2025) €913,388 2 % · 1 case
- Bank (anonymisiert) €697,653 1 % · 1 case
- Aarna Capital Limited €479,179 1 % · 1 case
- Ark Capital Management (Dubai) Limited €425,676 1 % · 1 case
- Ed Broking (MENA) Limited €384,439 1 % · 1 case
- Finanzierungsgesellschaft (anonymisiert) €140,793 0 % · 1 case
- 9 more€30,711
When?
per quarter, by date of decision| Period | Cases | Total |
|---|---|---|
| Q4 2023 | 0 | – |
| Q1 2024 | 0 | – |
| Q2 2024 | 0 | – |
| Q3 2024 | 0 | – |
| Q4 2024 | 1 | €479,179 |
| Q1 2025 | 0 | – |
| Q2 2025 | 0 | – |
| Q3 2025 | 0 | – |
| Q4 2025 | 0 | – |
| Q1 2026 | 0 | – |
| Q2 2026 | 0 | – |
| Q3 2026 | 0 | – |
| Q4 2026 | 0 | – |
1 case
13 Dec 2024 Aarna Capital LimitedADGM: allegedly 504,000 USD fine for broker Aarna Capital over KYC and monitoring failures €479,179
The FSRA (Financial Services Regulatory Authority, the financial regulator of Abu Dhabi Global Market, ADGM) fined the broker for professional clients allegedly 504,000 USD for inadequate anti-money laundering controls between June 2017 and January 2023. In a review of 42 client relationships the regulator found that twelve clients should have been rated high risk because of relevant risk factors, so enhanced due diligence and annual reviews did not take place; documentation, risk-based updating of customer data, transaction monitoring and procedures to detect suspicious activity were also inadequate. The regulator identified no specific instances of money laundering; without the 20% discount for early settlement the fine would have been 630,000 USD.
A risk rating that is too lenient undermines every downstream control, from enhanced due diligence to periodic review.
Customer risk rating and ongoing transaction monitoring
- Authority / court
- Financial Services Regulatory Authority (ADGM)
- Area of law
- Money laundering and terrorist financing · Customer due diligence
- Legal basis
- Section 232 FSMR 2015; AML Rules 4.1.1(1), 4.1.1(2)(a) und (d), 4.5.1(b), 4.5.3, 7.1.1, 8.1.2(1), 8.6.1(a), 14.2.1
- Action
- Fine
- Status of proceedings
- final
- Sector
- Financial services and insurance
- Mitigating circumstances
- No previous breaches of the AML rules (though earlier action over CRS reporting duties), cooperation and remediation including an external gap analysis (10% reduction); 20% discount for early settlement.
Original amount 504,000 USD, converted at the ECB reference rate of 13 Dec 2024.
- FSRA Final Notice an Aarna Capital Limited vom 13. Dezember 2024 Decision of an authority
- ADGM FSRA Regulatory Actions and Sanctions (Durchsetzungsliste) Enforcement database of an authority
Checked against the official source on 3 Oct 2026 · Direct link