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.

4cases from 1 jurisdiction
€15.1mTotal of monetary amounts
€12.9mLargest single case: Ikano Bank AB
€1.05mMedian per case with an amount

Click a bar to drill down one level.

When?

per quarter, by date of decision
Trend
PeriodCasesTotal
Q3 20230—
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Q1 20240—
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Q3 20240—
Q4 20240—
Q1 20250—
Q2 20250—
Q3 20250—
Q4 20252€2.09m
Q1 20260—
Q2 20261€12.9m
Q3 20261€177,187

4 cases

16 Sep 2026 AIFM Capital ABAIFM Capital: 2 million SEK for inadequate selection and oversight of fund managers SwedenOrganisational requirements €177,187

As a so-called fund hotel, the company had its funds managed by other firms, but examined these delegation agreements only insufficiently, did not take the related decisions properly and did not monitor the funds’ returns in relation to risk closely enough. The Swedish financial supervisory authority Finansinspektionen (FI) issued a remark and imposed 2 million SEK; no damage to investors was established.

What organisations can take from it

Outsourcing tasks does not outsource responsibility: document the selection of service providers, the decisions taken and ongoing oversight.

Authority / court
Finansinspektionen (FI)
Area of law
Capital markets and financial supervision · Organisational requirements
Legal basis
Schwedisches Fondsrecht – Regeln zur Delegation der Fondsverwaltung und deren Überwachung
Action
Fine
Status of proceedings
unknown
Sector
Financial services and insurance
Mitigating circumstances
No established damage to investors; remedial measures already taken during the investigation.
Published
16 Sep 2026

Original amount 2,000,000 SEK, converted at the ECB reference rate of 16 Sep 2026.

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

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17 Jun 2026 Ikano Bank ABIkano Bank: 140 million SEK over deficiencies in money laundering risk assessment and customer due diligence SwedenCustomer due diligence €12.9m

For the period April 2022 to May 2023, the Swedish financial supervisory authority Finansinspektionen (FI) found that the bank’s general risk assessment did not realistically assess the terrorist financing risks of its corporate products and that no enhanced due diligence measures were taken for high-risk corporate customers. FI issued a remark and imposed 140 million SEK; the bank has brought an action before the administrative court.

What organisations can take from it

The money laundering risk assessment must reflect the actual customers and products – a generic assessment leaves the entire customer due diligence open to challenge.

Relevance to training and awareness

Enhanced due diligence for high-risk customers

Authority / court
Finansinspektionen (FI)
Area of law
Money laundering and terrorist financing · Customer due diligence
Legal basis
Penningtvättslagen (2017:630)
Action
Fine
Status of proceedings
under appeal
Sector
Financial services and insurance
Published
17 Jun 2026

Original amount 140,000,000 SEK, converted at the ECB reference rate of 17 Jun 2026.

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

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11 Nov 2025 Avida Finans ABAvida Finans: 20 million SEK for loans to consumers unable to repay SwedenConsumer protection and online retail €1.82m

The Swedish financial supervisory authority Finansinspektionen (FI) examined consumer loans granted by the lender over four weeks in summer 2024 and found at least around 30 cases in which consumers without the ability to repay received loans. FI issued a remark and imposed 20 million SEK.

What organisations can take from it

Carry out credit checks consistently even under sales pressure and verify them internally through sample checks.

Relevance to training and awareness

Creditworthiness assessment in sales

Authority / court
Finansinspektionen (FI)
Area of law
Consumer protection and online retail
Legal basis
Konsumentkreditlagen (2010:1846), Kreditprüfung
Action
Fine
Status of proceedings
unknown
Sector
Financial services and insurance
Published
11 Nov 2025

Original amount 20,000,000 SEK, converted at the ECB reference rate of 11 Nov 2025.

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

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15 Oct 2025 Zimpler ABZimpler: 3 million SEK over anti-money laundering deficiencies at gambling-related payment service SwedenCustomer due diligence €272,245

Between July 2023 and April 2024, the payment service provider, a substantial part of whose business is linked to the gambling sector, had gaps in its general risk assessment (including a missing assessment of its currency exchange service), in its customer risk assessment and in customer due diligence. The Swedish financial supervisory authority Finansinspektionen (FI) issued a remark and imposed 3 million SEK.

What organisations can take from it

Include every new product – even an ancillary service such as currency exchange – in the money laundering risk assessment before launch.

Relevance to training and awareness

Money laundering risks in the gambling environment

Authority / court
Finansinspektionen (FI)
Area of law
Money laundering and terrorist financing · Customer due diligence
Legal basis
Penningtvättslagen (2017:630)
Action
Fine
Status of proceedings
unknown
Sector
Financial services and insurance
Published
15 Oct 2025

Original amount 3,000,000 SEK, converted at the ECB reference rate of 15 Oct 2025.

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

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