Compliance Radar

Who was sanctioned, and for what?

Fines, court rulings and incidents from Europe and North America: 718 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.

2cases from 1 jurisdiction
€738,295Total of monetary amounts
€608,080Largest single case: Banus Port Vagyonkezelő Zrt.
€369,148Median per case with an amount

Click a bar to drill down one level.

Where?

by authority
  1. Magyar Nemzeti Bank (MNB) €738,295 100 % · 2 cases

What for?

by area of law

All areas of law

  1. Capital markets and financial supervision €608,080 82 % · 1 case
  2. Money laundering and terrorist financing €130,215 18 % · 1 case

Who?

by company
  1. Banus Port Vagyonkezelő Zrt. €608,080 82 % · 1 case
  2. OTP Bank Nyrt. €130,215 18 % · 1 case

When?

per quarter, by date of decision
Trend
PeriodCasesTotal
Q3 20230—
Q4 20231€130,215
Q1 20240—
Q2 20240—
Q3 20240—
Q4 20241€608,080
Q1 20250—
Q2 20250—
Q3 20250—
Q4 20250—
Q1 20260—
Q2 20260—
Q3 20260—

2 cases

22 Nov 2024 Banus Port Vagyonkezelő Zrt.Banus Port: 250 million HUF for fictitious trading in 4iG shares HungaryMarket abuse and insider dealing €608,080

From September 2023 to May 2024, the asset management company used transactions worth several billion forints to create false signals about the trading volume of 4iG shares (‘painting the tape’). The Magyar Nemzeti Bank (Central Bank of Hungary, MNB) prohibited any repetition, imposed 250 million HUF and filed a criminal complaint.

What organisations can take from it

Transactions that mainly simulate turnover are market manipulation – even without a price target.

Authority / court
Magyar Nemzeti Bank (MNB)
Area of law
Capital markets and financial supervision · Market abuse and insider dealing
Legal basis
Art. 12, 15 MAR (Marktmanipulation), Beschluss H-PJ-III-B-26/2024
Action
Fine
Status of proceedings
unknown
Sector
Financial services and insurance
Culpability
intentional
Published
22 Nov 2024

Original amount 250,000,000 HUF, converted at the ECB reference rate of 22 Nov 2024.

Checked against the official source on 25 Sep 2026 · Direct link

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21 Nov 2023 OTP Bank Nyrt.OTP Bank: 49.4 million HUF over late suspicious transaction reports HungarySuspicious activity reports €130,215

The bank did not report several suspicious cases to the financial intelligence unit without delay, its monitoring produced delayed hits owing to incorrectly set filter parameters, and its risk assessment, customer due diligence and documentation of anti-money laundering training showed deficiencies. The Magyar Nemzeti Bank (Central Bank of Hungary, MNB) imposed a total of 49.375 million HUF and set deadlines for remediation by August 2024.

What organisations can take from it

Validate monitoring parameters regularly – and training is expressly among the obligations that are inspected.

Relevance to training and awareness

Recognising and reporting suspected money laundering in good time

Missing or inadequate training played a role in the decision.

Authority / court
Magyar Nemzeti Bank (MNB)
Area of law
Money laundering and terrorist financing · Suspicious activity reports
Legal basis
Ungarisches Geldwäschegesetz (Pmt.); Beschluss H-PM-I-B-76/2023
Action
Fine
Status of proceedings
unknown
Sector
Financial services and insurance
Employees
10,000 or more
Culpability
negligent
Mitigating circumstances
The bank had already initiated remedial measures for several of the infringements.
Published
21 Nov 2023

Original amount 49,375,000 HUF, converted at the ECB reference rate of 21 Nov 2023.

Checked against the official source on 25 Sep 2026 · Direct link

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