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- Central Bank of the UAE (CBUAE) €48.4m 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 | 0 | – |
| Q1 2025 | 0 | – |
| Q2 2025 | 1 | €48.4m |
| Q3 2025 | 0 | – |
| Q4 2025 | 0 | – |
| Q1 2026 | 0 | – |
| Q2 2026 | 0 | – |
| Q3 2026 | 0 | – |
| Q4 2026 | 0 | – |
1 case
20 May 2025 Wechselstube (anonymisiert)CBUAE fines exchange house AED 200m over serious AML failings €48.4m
The Central Bank of the UAE (CBUAE) fined an unnamed exchange house AED 200 million under Article 137 of the central bank law (Decretal Federal Law No. 14 of 2018). CBUAE examinations had found significant failures in the company's framework for combating money laundering and the financing of terrorism and illegal organisations.
Weaknesses in an anti-money laundering framework can trigger very large fines.
AML frameworks at exchange houses
- Authority / court
- Central Bank of the UAE (CBUAE)
- Area of law
- Money laundering and terrorist financing · Internal controls
- Legal basis
- Art. 137 Decretal Federal Law No. (14) of 2018 Regarding the Central Bank and Organization of Financial Institutions and Activities
- Action
- Fine
- Status of proceedings
- unknown
- Sector
- Financial services and insurance
- Liability of senior managers
- Measures against individuals are not set out here.
- Published
- 20 May 2025
Original amount 200,000,000 AED, converted at the ECB reference rate of 20 May 2025.
- CBUAE: CBUAE Imposes a financial sanction of AED 200 million on an Exchange House (Pressemitteilung, PDF, 20.05.2025) Press release of an authority
Checked against the official source on 3 Oct 2026 · Direct link