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.
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Where?
by regionAll jurisdictions
What for?
by area of lawAll areas of law
Who?
by company- Anonymised companies €1.22bn 44 % · 79 cases
- GVA Capital Ltd. €186.3m 7 % · 1 case
- The Toronto-Dominion Bank €113m 4 % · 1 case
- UBS Financial Services Inc. €108.4m 4 % · 1 case
- Xeltox Enterprises Ltd. (Cryptomus) €108.1m 4 % · 1 case
- Two Sigma Investments LP und Two Sigma Advisers LP €87.6m 3 % · 1 case
- FleetCor Technologies Inc. (heute Corpay Inc.) €87.1m 3 % · 1 case
- Canaccord Genuity LLC €69.2m 2 % · 1 case
- J.P. Morgan SE €57.2m 2 % · 2 cases
- Nationwide Building Society €50.4m 2 % · 1 case
- 206 more€697.4m
When?
per quarter, by date of decision| Period | Cases | Total |
|---|---|---|
| Q3 2023 | 0 | — |
| Q4 2023 | 0 | — |
| Q1 2024 | 0 | — |
| Q2 2024 | 0 | — |
| Q3 2024 | 0 | — |
| Q4 2024 | 1 | €43.4m |
| Q1 2025 | 0 | — |
| Q2 2025 | 0 | — |
| Q3 2025 | 0 | — |
| Q4 2025 | 0 | — |
| Q1 2026 | 0 | — |
| Q2 2026 | 0 | — |
| Q3 2026 | 0 | — |
1 case
10 Dec 2024 Klarna Bank ABKlarna: SEK 500m for gaps in money laundering risk assessment and procedures €43.4m
Finansinspektionen (FI, Swedish Financial Supervisory Authority) issued Klarna a remark and an administrative fine of 500,000,000 SEK for breaches of the anti-money laundering act between 1 April 2021 and 31 March 2022. The general risk assessment lacked, among other things, assessments of how products and services could be misused for money laundering or terrorist financing; for the invoice product (faktura) there were no procedures capturing all situations requiring due diligence, and there was no procedure for model risk management. The maximum was based on the group's 2023 turnover of 24.64 billion SEK; the bank itself had a turnover of 19.65 billion SEK.
Fast-growing payment providers must reflect every product in their money laundering risk assessment and maintain procedures for every trigger of due diligence obligations.
Money laundering risk assessment for payment products and procedures for customer due diligence
- Authority / court
- Finansinspektionen (FI)
- Area of law
- Money laundering and terrorist financing · Internal controls
- Legal basis
- 2 kap. 1 och 8 §§ samt 6 kap. 1 § andra stycket lagen (2017:630) om åtgärder mot penningtvätt och finansiering av terrorism; 15 kap. 1 och 7 §§ lagen (2004:297) om bank- och finansieringsrörelse
- Action
- Fine
- Status of proceedings
- unknown
- Sector
- Financial services and insurance
- Repeat case
- no
- Mitigating circumstances
- FI did not treat cooperation, remediation or the proceedings' length of just over two and a half years as mitigating.
- Published
- 11 Dec 2024
Original amount 500,000,000 SEK, converted at the ECB reference rate of 10 Dec 2024.
- FI: Klarna får en anmärkning och sanktionsavgift (11.12.2024) Press release of an authority
- FI-Beschluss FI dnr 22-11505 vom 10.12.2024 – Klarna Bank AB Decision of an authority
Checked against the official source on 28 Sep 2026 · Direct link