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 authority- Finanstilsynet (Norwegen) €840,774 100 % · 1 case
What for?
by area of lawAll areas of law
Who?
by companyWhen?
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 | 0 | — |
| Q1 2025 | 0 | — |
| Q2 2025 | 0 | — |
| Q3 2025 | 1 | €840,774 |
| Q4 2025 | 0 | — |
| Q1 2026 | 0 | — |
| Q2 2026 | 0 | — |
| Q3 2026 | 0 | — |
1 case
12 Aug 2025 Vend Marketplaces ASA (vormals Schibsted ASA)Vend Marketplaces (formerly Schibsted): 10 million NOK for inside information in analyst call €840,774
Between 25 and 31 March 2025 the listed operator of online marketplaces held one-to-one calls with 19 analysts ahead of its quiet period ("pre-close calls") and, in a recorded call, said that consensus for the first quarter and the full year 2025 was too high, adding expectations for individual business areas; the analyst then cut their EBITDA estimate and the share price fell by 10% on 26 March. The Finanstilsynet (Norwegian Financial Supervisory Authority) treated this as unlawful disclosure of inside information and imposed 10,000,000 NOK; as an aggravating factor it took into account that Vend had not initially handed over its prepared list of talking points. Vend announced that it would accept the fine and has decided to stop holding analyst calls before quiet periods.
Pre-close calls are not a safe space: views on analyst consensus or the current quarter belong, if anywhere, in a stock exchange announcement to everyone.
Handling inside information in investor relations and analyst conversations
- Authority / court
- Finanstilsynet (Norwegen)
- Area of law
- Capital markets and financial supervision · Market abuse and insider dealing
- Legal basis
- Art. 14 lit. c i. V. m. Art. 10 MAR; verdipapirhandelloven § 3-1 und § 21-1
- Action
- Fine
- Status of proceedings
- final
- Sector
- Media and online platforms
- Culpability
- negligent
- Published
- 20 Aug 2025
Original amount 10,000,000 NOK, converted at the ECB reference rate of 12 Aug 2025.
Checked against the official source on 28 Sep 2026 · Direct link