Compliance Radar
Who was sanctioned, and for what?
Fines, court rulings and incidents from Europe, North America, Latin America, Asia-Pacific, Middle East and Africa: 2,033 cases from 44 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.
Click a bar to drill down one level.
Where?
by authority- Financial Sector Conduct Authority (FSCA) €32,753 100 % · 1 case
What for?
by area of lawAll areas of law
Who?
by company- Capitec Bank Limited €1.49m 30 % · 1 case
- FirstRand Bank Ltd (WesBank); Toyota Financial Services South Africa Ltd; Toyota Motor Corporation u. a. (6 Unternehmen) €1.46m 29 % · 1 case
- The Standard Bank of South Africa Limited €675,255 14 % · 1 case
- Sanlam Collective Investments (RF) (Pty) Ltd €527,691 11 % · 1 case
- Absa Bank Limited €468,147 9 % · 1 case
- Tana Africa Capital Managers (Pty) Ltd €152,404 3 % · 1 case
- Ninety One Fund Managers SA (RF) (Pty) Ltd €146,313 3 % · 1 case
- African Bank Limited €32,753 1 % · 1 case
- Access Forex (Pty) Limited €8,005 0 % · 1 case
- 80 Eight South Africa (Pty) Ltd (vormals Ela Asset Management (Pty) Ltd) – 0 % · 1 case
- 1 more€0
When?
per quarter, by date of decision| Period | Cases | Total |
|---|---|---|
| Q4 2023 | 0 | – |
| Q1 2024 | 0 | – |
| Q2 2024 | 0 | – |
| Q3 2024 | 0 | – |
| Q4 2024 | 0 | – |
| Q1 2025 | 0 | – |
| Q2 2025 | 1 | €32,753 |
| Q3 2025 | 0 | – |
| Q4 2025 | 0 | – |
| Q1 2026 | 0 | – |
| Q2 2026 | 0 | – |
| Q3 2026 | 0 | – |
| Q4 2026 | 0 | – |
1 case
22 Apr 2025 African Bank LimitedAfrican Bank: ZAR 700,000 for social-media loan advert presented as an 'investment' €32,753
A social-media campaign by the bank in December 2023 (#KeFestive), featuring a well-known public figure, presented personal loans as an investment; the authority found this factually incorrect and misleading and also identified weaknesses in the approval process for advertising. Of the 700,000 ZAR penalty, 200,000 ZAR was suspended for two years; the bank has paid 500,000 ZAR. The amount and the facts have not been confirmed against the primary source.
Advertising for credit products – including with well-known personalities – needs a competent, documented approval that describes the nature of the product correctly.
Advert approval and influencer marketing for financial products
- Authority / court
- Financial Sector Conduct Authority (FSCA)
- Area of law
- Consumer protection and online retail · Misleading advertising and pricing
- Legal basis
- Sections 6(1), 6(3)(a), 6(3)(b) und 6(9) Conduct Standard 3 of 2020 (Banks)
- Action
- Fine
- Status of proceedings
- unknown
- Sector
- Financial services and insurance
- Mitigating circumstances
- Cooperation during the investigation and prompt remedial action; 200,000 ZAR suspended for two years, provided the bank complies with the Conduct Standard.
- Published
- 22 Apr 2025
Original amount 700,000 ZAR, converted at the ECB reference rate of 22 Apr 2025.
Checked against the official source on 4 Oct 2026 · Direct link