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: 2,207 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.
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Where?
by authority- Dubai Financial Services Authority (DFSA) €23,071 65 % · 1 case
- Financial Services Regulatory Authority (ADGM) €12,268 35 % · 1 case
What for?
by area of lawAll areas of law
Who?
by company- Anonymised companies €35,339 100 % · 2 cases
When?
per year, by date of decision| Period | Cases | Total |
|---|---|---|
| 2023 | 2 | €35,339 |
| 2024 | 0 | – |
| 2025 | 0 | – |
| 2026 | 0 | – |
2 cases
11 Aug 2023 a UAE branch of a luxury fashion retailerADGM: 13,500 USD fine for luxury fashion retailer over late goAML registration of a store €12,268
The FSRA (Financial Services Regulatory Authority, the financial regulator of Abu Dhabi Global Market, ADGM) fined the branch of the fashion retailer, registered as a dealer subject to anti-money laundering duties (DNFBP), 13,500 USD in respect of its store trading under the main brand, because despite reminders since May 2019 it only completed its registration on the goAML reporting system for suspicious transaction reports after a Warning Notice in May 2023 and did not respond to the regulator's correspondence. Without the 10% discount for late settlement the fine would have been 15,000 USD; on the same day an identical Final Notice, also for 13,500 USD, was issued to the same company in respect of its store trading under another of the group's brands.
Retailers of high-value goods are also subject to anti-money laundering duties and must set up their reporting channel before a suspicious case arises.
Anti-money laundering duties for dealers in high-value goods
- Authority / court
- Financial Services Regulatory Authority (ADGM)
- Area of law
- Money laundering and terrorist financing · Suspicious activity reports
- Legal basis
- Section 232 FSMR 2015; AML Rules 4.1.1(1), 4.1.1(2)(a) und (b), 4.7.1(a); Federal Decree-Law No. 20 of 2018
- Action
- Fine
- Status of proceedings
- final
- Sector
- Retail and e-commerce
- Repeat case
- no
- Mitigating circumstances
- No previous AML breaches, prompt registration after the Warning Notice, no cash sales above 55,000 AED in the relevant period (lower risk); 10% discount for late settlement.
Original amount 13,500 USD, converted at the ECB reference rate of 11 Aug 2023.
- Financial Services Regulatory Authority (ADGM), Veröffentlichung der Behörde (Entscheidung 2023) Decision of an authority
Checked against the official source on 7 Oct 2026 · Company name anonymised since 11 Aug 2025 · Direct link
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21 Jun 2023 a precious metals and gemstones dealer in the DIFCDFSA: precious metals dealer in DIFC fined USD 25,200 for lack of DNFBP registration €23,071
A non-regulated company incorporated in the DIFC traded in precious metals and precious stones without registering with the DFSA as a Designated Non-Financial Business or Profession (DNFBP), as required; as a result it was not subject to the DFSA's anti-money laundering supervision. After a settlement discount the DFSA imposed USD 25,200 instead of USD 36,000; it did not allege that the firm had engaged in money laundering.
Dealers in high-value goods must check before starting business whether they fall under AML supervision and need to register.
Registration duty for precious metals dealers under AML supervision
- Authority / court
- Dubai Financial Services Authority (DFSA)
- Area of law
- Money laundering and terrorist financing
- Action
- Fine
- Status of proceedings
- final
- Sector
- Retail and e-commerce
- Mitigating circumstances
- Settlement; fine reduced from USD 36,000 to USD 25,200.
- Published
- 21 Jun 2023
Original amount 25,200 USD, converted at the ECB reference rate of 21 Jun 2023.
- Dubai Financial Services Authority (DFSA), Veröffentlichung der Behörde (Entscheidung 2023) Decision of an authority
Checked against the official source on 7 Oct 2026 · Company name anonymised since 21 Jun 2025 · Direct link