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.

USA Financial services and insurance Delphia (USA) Inc. Clear all filters

1case from 1 jurisdiction

€206,574Total of monetary amounts

€206,574Largest single case: Delphia (USA) Inc.

€206,574Median per case with an amount

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Federal level €206,574 100 % · 1 case

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AI and digital regulation €206,574 100 % · 1 case

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Trend
Period	Cases	Total
Q3 2023	0	—
Q4 2023	0	—
Q1 2024	1	€206,574
Q2 2024	0	—
Q3 2024	0	—
Q4 2024	0	—
Q1 2025	0	—
Q2 2025	0	—
Q3 2025	0	—
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Q1 2026	0	—
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Q3 2026	0	—

1 case

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18 Mar 2024 Delphia (USA) Inc.SEC ‘AI washing’: Delphia pays 225,000 US dollars for fabricated AI use USAAI systems €206,574

From 2019 to 2023, the investment adviser claimed to use AI and machine learning to analyse client data for investment decisions but did not have these capabilities. In a settlement with the U.S. Securities and Exchange Commission (SEC) (without admission), Delphia paid 225,000 US dollars.

What organisations can take from it

Statements about the use of AI in marketing and investor information must be technically verifiable.

Relevance to training and awareness

Permissible advertising claims about AI capabilities

Authority / court: U.S. Securities and Exchange Commission
Area of law: AI and digital regulation · AI systems
Legal basis: Investment Advisers Act of 1940; Marketing Rule
Action: Fine
Status of proceedings: final
Sector: Financial services and insurance
Published: 18 Mar 2024

Original amount 225,000 USD, converted at the ECB reference rate of 18 Mar 2024.

Sources

SEC Charges Two Investment Advisers with Making False and Misleading Statements About Their Use of Artificial Intelligence Press release of an authority

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

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How the radar is compiled

Official sources only

Every case is based on a decision, press release or database of an authority or a court. Press and law-firm reports count at most as additional references.

Four-eyes check

Whoever enters a case may not approve it. A second, independent check compares company, date, amount and area of law with the source. Only then is the case published.

Comparable amounts

Amounts are converted at the ECB reference rate on the day of the decision. Each case also shows the original amount.

Corrections on record

A correction is a new version that is checked again. Every change is logged. You can report errors directly on each case.

Case texts are translated from the German original. Where a translation is not yet available, the German text is shown and marked “(German original)”. Names of authorities, laws and companies are given as in the source.

The radar reports on published decisions and is not legal advice. Decisions that are not yet final are marked as such where the status is known.

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