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- Banco Central do Brasil (Comitê de Decisão de Processo Administrativo Sancionador – COPAS) €2.82m 100 % · 1 case
What for?
by area of lawAll areas of law
Who?
by company- Bulls Holding Investments Company S.A., RS Investimentos S/A €81.5m 54 % · 1 case
- Florim Consultoria Ltda. (ehem. Silverado Gestão e Investimentos), Santander Caceis Brasil DTVM S.A., Gradual CCTVM S.A. – Massa Falida u. a. (5 Unternehmen) €41.2m 27 % · 1 case
- BofA Securities Inc., Nomura International plc, Standard Chartered Bank u. a. (5 Banken) €12.7m 8 % · 1 case
- Qualicorp Consultoria e Corretora de Seguros S.A. €7.15m 5 % · 1 case
- Banco Genial S.A. €3.62m 2 % · 1 case
- Banco Topázio S.A. €2.82m 2 % · 1 case
- IRB-Brasil Resseguros S.A. €1.07m 1 % · 1 case
- Lebes Financeira S.A. – Sociedade de Crédito, Financiamento e Investimento €432,774 0 % · 1 case
- Intra DTVM Ltda. €188,419 0 % · 1 case
- Regen Serviços Fiduciários Ltda. €39,713 0 % · 1 case
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 | 0 | – |
| Q3 2025 | 0 | – |
| Q4 2025 | 0 | – |
| Q1 2026 | 0 | – |
| Q2 2026 | 1 | €2.82m |
| Q3 2026 | 0 | – |
| Q4 2026 | 0 | – |
1 case
11 May 2026 Banco Topázio S.A.Banco Topázio: BRL 16.28m and crypto FX ban over anti-money laundering failings €2.82m
The sanctions committee COPAS of the Banco Central do Brasil (central bank) imposed fines totalling BRL 16,280,000.00 on Banco Topázio S.A.: BRL 4,560,000.00 because its monitoring system contained no rules for foreign exchange transactions to buy and sell virtual assets, BRL 3,280,000.00 because suspicious transactions were not reported, or reported late, to the financial intelligence unit Coaf (including BRL 3.05bn from one client), and BRL 8,440,000.00 because the bank had not verified the qualification of foreign exchange clients. In addition, for two years it may not carry out over-the-counter foreign exchange transactions for virtual assets in which the client acts as an unauthorised intermediary for third parties. The decision is not final.
Anyone processing foreign exchange for crypto intermediaries needs suitable monitoring scenarios and must also know the customers behind the customers.
Anti-money laundering monitoring of foreign exchange with crypto intermediaries
- Authority / court
- Banco Central do Brasil (Comitê de Decisão de Processo Administrativo Sancionador – COPAS)
- Area of law
- Money laundering and terrorist financing · Suspicious activity reports
- Legal basis
- Lei 9.613/1998, Art. 10 III, Art. 11 II, Art. 12 II und § 2 II und IV; Circular BCB 3.978/2020, Arts. 38, 39 und 48; Lei 13.506/2017, Art. 3 XVII, Art. 5 II und IV
- Action
- Fine
- Status of proceedings
- under appeal
- Sector
- Financial services and insurance
- Liability of senior managers
- Measures against individuals are not set out here.
Original amount 16,280,000 BRL, converted at the ECB reference rate of 11 May 2026.
- BCB – PAS PE 266470, Relatório, Voto e Decisão 1423/2026-COPAS de 11 de maio de 2026 (Banco Topázio S.A.) Decision of an authority
- BCB – Quadro geral de penalidades em PAS (OData), PAS 266470 Enforcement database of an authority
Checked against the official source on 3 Oct 2026 · Direct link