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.
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Where?
by authority- Financial Conduct Authority (FCA) €15.6m 100 % · 1 case
What for?
by area of lawAll areas of law
Who?
by company- Nationwide Building Society €50.4m 44 % · 1 case
- Monzo Bank Limited €24.5m 21 % · 1 case
- Macquarie Bank Limited, London Branch €15.6m 14 % · 1 case
- The London Metal Exchange (LME) €11m 10 % · 1 case
- ADM Investor Services International Limited €7.48m 6 % · 1 case
- Citibank, N.A., London Branch €5.54m 5 % · 1 case
- Dinosaur Merchant Bank Limited €389,760 0 % · 1 case
- Arian Financial LLP €344,791 0 % · 1 case
- CACEIS Bank (UK Branch) — 0 % · 1 case
When?
per quarter, by date of decision| Period | Cases | Total |
|---|---|---|
| Q3 2023 | 0 | — |
| Q4 2023 | 0 | — |
| Q1 2024 | 0 | — |
| Q2 2024 | 0 | — |
| Q3 2024 | 0 | — |
| Q4 2024 | 1 | €15.6m |
| Q1 2025 | 0 | — |
| Q2 2025 | 0 | — |
| Q3 2025 | 0 | — |
| Q4 2025 | 0 | — |
| Q1 2026 | 0 | — |
| Q2 2026 | 0 | — |
| Q3 2026 | 0 | — |
1 case
26 Nov 2024 Macquarie Bank Limited, London BranchMacquarie Bank London: 13 million GBP – trader concealed over 400 fictitious trades €15.6m
From June 2020 to February 2022, a trader on the metals and commodities desk was able to book over 400 fictitious trades and circumvent three key internal controls in order to conceal losses; the bank was partly aware of the weaknesses but did not remedy them in time. Unwinding the positions cost around 57.8 million USD; the Financial Conduct Authority (FCA) imposed 13 million GBP on the bank and banned the trader Travis Klein.
Close known control weaknesses in trading with a deadline and a responsible person – otherwise a lone perpetrator becomes an organisational failure.
Recognising and reporting circumvention of controls in trading
- Authority / court
- Financial Conduct Authority (FCA)
- Area of law
- Capital markets and financial supervision · Organisational requirements
- Legal basis
- FCA Principles for Businesses, Principle 3 (Systeme und Kontrollen); s. 206 Financial Services and Markets Act 2000
- Action
- Fine
- Status of proceedings
- final
- Sector
- Financial services and insurance
- Employees
- 10,000 or more
- Liability of senior managers
- Prohibition order imposed on the trader; no fine imposed on him on grounds of serious financial hardship.
Original amount 13,031,400 GBP, converted at the ECB reference rate of 26 Nov 2024.
- FCA: MBL fined £13m for serious control failures that allowed trader to conceal over 400 fictitious trades (26.11.2024) Press release of an authority
Checked against the official source on 25 Sep 2026 · Direct link