Compliance Radar

Who was sanctioned, and for what?

Fines, court rulings and incidents from Europe and North America: 1,370 cases from 35 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.

4cases from 1 jurisdiction
€6.98mTotal of monetary amounts (3 cases with an amount)
€4.27mLargest single case: Danske Bank A/S
€2.6mMedian per case with an amount

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When?

per quarter, by date of decision
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Q1 20253€6.98m
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4 cases

25 Aug 2026 Kommunal Landspensjonskasse Gjensidig Forsikringsselskap (KLP)KLP: binding commitments after suspected abuse in municipal pensions NorwayAbuse of market power Order

Konkurransetilsynet (Norwegian Competition Authority) made commitments offered by KLP binding and thereby closed its investigation into a possible abuse of a dominant position in public occupational pensions for municipalities. The authority was concerned that, from 2019, when a competitor entered the market, KLP had systematically discouraged municipalities from putting their occupational pension schemes out to tender; KLP now undertakes to refrain from such influence and to remedy the effects of its earlier practice. No infringement was conclusively established and no fine was imposed.

What organisations can take from it

Dominant companies must not use close customer relationships to deter customers from running tenders – even a suspicion of this can lead to binding obligations.

Relevance to training and awareness

Conduct of dominant companies towards public purchasers

Authority / court
Konkurransetilsynet
Area of law
Competition law · Abuse of market power
Legal basis
§ 12 Abs. 3 i. V. m. § 11 konkurranseloven; Art. 54 EWR-Abkommen
Action
Order
Status of proceedings
unknown
Sector
Financial services and insurance
Published
2 Sep 2026

Checked against the official source on 28 Sep 2026 · Direct link

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17 Mar 2025 Sparebank 1 ØstlandetSparebank 1 Østlandet: NOK 30m for anti-money laundering failures NorwayInternal controls €2.6m

Finanstilsynet (Norwegian Financial Supervisory Authority) fined Sparebank 1 Østlandet NOK 30,000,000 under the Anti-Money Laundering Act after an inspection in September 2022 revealed fundamental shortcomings in risk assessment, procedures, customer risk classification, customer due diligence and ongoing monitoring, as well as a breach of the tipping-off prohibition; the authority classed the breaches as serious and long-standing. It also found that staff training had been inadequate and ordered the bank to complete due diligence measures for one customer. The bank appealed on 8 May 2025. The decision is not final.

What organisations can take from it

Risk-based anti-money laundering compliance stands or falls with an up-to-date risk assessment and role-specific training tailored to the firm's own procedures.

Relevance to training and awareness

Risk-based anti-money laundering controls and role-specific training

Missing or inadequate training played a role in the decision.

Authority / court
Finanstilsynet
Area of law
Money laundering and terrorist financing · Internal controls
Legal basis
§§ 6, 7, 8, 9, 12, 13, 14, 17, 18, 24, 25, 28 und 49 hvitvaskingsloven; § 47 hvitvaskingsloven (Anordnung)
Action
Fine
Status of proceedings
under appeal
Sector
Financial services and insurance
Culpability
negligent
Published
26 Mar 2025

Original amount 30,000,000 NOK, converted at the ECB reference rate of 17 Mar 2025.

Checked against the official source on 28 Sep 2026 · Direct link

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27 Feb 2025 Rogaland SparebankRogaland Sparebank: NOK 1.2m fine for failing to freeze an account NorwayBreaches of sanctions and embargoes €102,551

Gulating lagmannsrett (Gulating Court of Appeal) sentenced Rogaland Sparebank (formerly Sandnes Sparebank) to a corporate fine of NOK 1,200,000 because in April and May 2020 the bank failed to freeze an account opened in the name of a person on the UN Al-Qaida sanctions list and booked 13 payments totalling NOK 45,828 to it; the bank must also pay NOK 50,000 in legal costs. Hordaland tingrett (district court) had initially acquitted the bank; on 21 May 2025 the appeals committee of the Høyesterett (Supreme Court) refused leave for the bank's appeal.

What organisations can take from it

Suspicious transaction reporting does not replace sanctions screening: funds of listed persons must be frozen immediately, even if the account was formally opened at the request of a third party.

Relevance to training and awareness

Freezing funds of sanctioned persons

Authority / court
Gulating lagmannsrett
Area of law
Sanctions and export control · Breaches of sanctions and embargoes
Legal basis
§ 2 lov om bindende FN-vedtak i. V. m. § 3 forskrift om sanksjoner mot ISIL (Da'esh) og Al-Qaida; §§ 27 und 28 straffeloven
Action
Fine
Status of proceedings
final
Sector
Financial services and insurance
Mitigating circumstances
The bank discovered the matter itself, took measures and reported it to Økokrim and later to Finanstilsynet and the Ministry of Foreign Affairs; it gained nothing from the breach.
Liability of senior managers
According to the court of appeal, it is the responsibility of management and the board to staff the bank so that sanctions obligations are complied with.

Original amount 1,200,000 NOK, converted at the ECB reference rate of 27 Feb 2025.

Checked against the official source on 28 Sep 2026 · Direct link

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15 Jan 2025 Danske Bank A/SDanske Bank: NOK 50m for market manipulation in government bond issue NorwayMarket abuse and insider dealing €4.27m

Finanstilsynet (Norwegian Financial Supervisory Authority) fined Danske Bank A/S NOK 50,000,000 for market manipulation. In the syndication of a ten-year Norwegian government bond of NOK 22 billion in February 2023, whose yield was priced off the Norwegian swap rate, the bank, through its Norwegian branch, pushed the reference rate to an artificial level with interest rate swap trades concentrated around the pricing time, in a situation where it benefited from a higher yield. The fact that the bank had itself approached the supervisory authorities was taken into account as a mitigating factor.

What organisations can take from it

Hedging trades around the setting of reference prices need clear controls so that they are not treated as price manipulation.

Relevance to training and awareness

Market manipulation around reference prices and new issues

Authority / court
Finanstilsynet
Area of law
Capital markets and financial supervision · Market abuse and insider dealing
Legal basis
Art. 15 i. V. m. Art. 12 Abs. 1 lit. a MAR; § 3-1, §§ 21-1, 21-9 und 21-14 verdipapirhandelloven; § 46 forvaltningsloven
Action
Fine
Status of proceedings
unknown
Sector
Financial services and insurance
Employees
10,000 or more
Mitigating circumstances
The bank had itself approached the supervisory authorities.
Published
22 Jan 2025

Original amount 50,000,000 NOK, converted at the ECB reference rate of 15 Jan 2025.

Checked against the official source on 28 Sep 2026 · Direct link

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