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) €24.5m 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 | 0 | — |
| Q1 2025 | 0 | — |
| Q2 2025 | 0 | — |
| Q3 2025 | 1 | €24.5m |
| Q4 2025 | 0 | — |
| Q1 2026 | 0 | — |
| Q2 2026 | 0 | — |
| Q3 2026 | 0 | — |
1 case
7 Jul 2025 Monzo Bank LimitedFCA: £21 million against Monzo over lax account opening for high-risk customers €24.5m
The UK Financial Conduct Authority (FCA) imposed £21,091,300 (after a 30% discount) because, from 2018 to 2020, Monzo onboarded customers on the basis of sparse and sometimes obviously implausible information – such as well-known London landmarks given as addresses. Despite a requirement not to take on any more high-risk customers, the bank opened more than 34,000 such accounts up to 2022.
Automated onboarding needs plausibility checks – and supervisory requirements must be implemented in a technically effective way.
Plausibility checks in customer onboarding
- Authority / court
- Financial Conduct Authority (FCA)
- Area of law
- Money laundering and terrorist financing · Customer due diligence
- Legal basis
- FCA Principle 3 (PRIN 3); s. 55L FSMA (Verstoß gegen Auflage)
- Action
- Fine
- Status of proceedings
- final
- Sector
- Financial services and insurance
- Mitigating circumstances
- 30% settlement discount
- Published
- 8 Jul 2025
Original amount 21,091,300 GBP, converted at the ECB reference rate of 7 Jul 2025.
- FCA fines Monzo £21m for failings in financial crime controls Press release of an authority
- 2025 fines | FCA Enforcement database of an authority
- Final Notice: Monzo Bank Limited (07.07.2025) Decision of an authority
Checked against the official source on 25 Sep 2026 · Direct link