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.
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Where?
by authority- Consumer Affairs Agency (消費者庁, CAA) €941,067 59 % · 8 cases
- Financial Services Agency (FSA, 金融庁) auf Empfehlung der Securities and Exchange Surveillance Commission (SESC, 証券取引等監視委員会) €642,643 41 % · 2 cases
- Financial Services Agency (FSA, 金融庁) – 0 % · 3 cases
- Kanto Local Finance Bureau (関東財務局) auf Empfehlung der Securities and Exchange Surveillance Commission (SESC, 証券取引等監視委員会) – 0 % · 1 case
- Ministry of Economy, Trade and Industry (METI, 経済産業省) – 0 % · 1 case
- Personal Information Protection Commission (PPC, 個人情報保護委員会) – 0 % · 1 case
What for?
by area of lawAll areas of law
Who?
by sectorAll sectors
When?
per quarter, by date of decision| Period | Cases | Total |
|---|---|---|
| Q4 2023 | 0 | – |
| Q1 2024 | 0 | – |
| Q2 2024 | 0 | – |
| Q3 2024 | 0 | – |
| Q4 2024 | 2 | €131,155 |
| Q1 2025 | 1 | – |
| Q2 2025 | 1 | – |
| Q3 2025 | 2 | – |
| Q4 2025 | 3 | – |
| Q1 2026 | 1 | €941,067 |
| Q2 2026 | 2 | – |
| Q3 2026 | 4 | €511,488 |
| Q4 2026 | 0 | – |
16 cases
12 Mar 2026 Excom Global Co., Ltd. (エクスコムグローバル株式会社)Excom Global ('Imoto no WiFi'): surcharge over unsubstantiated 'No. 1' claims €941,067
From February 2020 to May 2024, Excom Global advertised its rental of mobile Wi-Fi routers for travel abroad ('Imoto no WiFi') in travel-guide adverts and on its own websites as number one for customer satisfaction, for being chosen by overseas travellers and for customer service. The commissioned survey, without checking actual use, merely asked for impressions of the websites of the company and nine arbitrarily selected competitors and was also not reproduced accurately; a surcharge of 172,620,000 JPY was imposed.
Anyone advertising survey wins must know and check the methodology – responsibility stays with the advertiser, not the survey provider.
'No. 1' claims and rankings
- Authority / court
- Consumer Affairs Agency (消費者庁, CAA)
- Area of law
- Consumer protection and online retail · Misleading advertising and pricing
- Legal basis
- Art. 8 Abs. 1 i. V. m. Art. 5 Nr. 1 Act against Unjustifiable Premiums and Misleading Representations (不当景品類及び不当表示防止法, Gesetz Nr. 134/1962)
- Action
- Fine
- Status of proceedings
- unknown
- Sector
- Telecoms, IT and software
- Culpability
- negligent
- Published
- 12 Mar 2026
Original amount 172,620,000 JPY, converted at the ECB reference rate of 12 Mar 2026.
- エクスコムグローバル株式会社に対する景品表示法に基づく課徴金納付命令について (Eintrag, 12.03.2026) Press release of an authority
- News Release 12.03.2026 mit Surcharge-Bescheid 消表対第181号 (PDF) Decision of an authority
Checked against the official source on 4 Oct 2026 · Direct link
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18 Sep 2026 Kinpodo Co., Ltd. (株式会社金宝堂)Kinpodo: order over a bait price 'from 104,500 JPY' for family funerals Order
From March to May 2025, Kinpodo advertised family funerals in exclusively rented halls under the name 'Chiisana Mori no Ie' in television commercials at a price 'from 104,500 JPY'. In fact, apart from a few cases, customers had to pay at least 308,000 JPY; the order required a corrective notice, measures to prevent recurrence and cessation.
A 'from' price may only be advertised if customers can realistically obtain it.
'From' prices and bait offers
- Authority / court
- Consumer Affairs Agency (消費者庁, CAA)
- Area of law
- Consumer protection and online retail · Misleading advertising and pricing
- Legal basis
- Art. 7 Abs. 1 i. V. m. Art. 5 Nr. 2 Act against Unjustifiable Premiums and Misleading Representations (不当景品類及び不当表示防止法, Gesetz Nr. 134/1962)
- Action
- Order
- Status of proceedings
- unknown
- Sector
- Other
- Published
- 18 Sep 2026
- 株式会社金宝堂に対する景品表示法に基づく措置命令について (Eintrag, 18.09.2026) Press release of an authority
- News Release 18.09.2026 mit Maßnahmenanordnung 消表対第807号 (PDF) Decision of an authority
Checked against the official source on 4 Oct 2026 · Direct link
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16 Sep 2026 ENECHANGE株式会社ENECHANGE: 91.495 million JPY over overstated revenue in quarterly report and prospectus €511,488
Because revenue had been overstated at the company and its consolidated subsidiary or subsidiaries, the quarterly report for the third quarter of 2023 (filed on 10 November 2023) showed a consolidated loss of 1,382,861 thousand JPY instead of 1,662,516 thousand JPY; the registration statement for a share issue relied on this report, and on 26 February 2024 3,784,200 shares were issued for 3,999,899,400 JPY. After the company admitted the facts and the amount, an administrative monetary penalty (kachōkin) of 91,495,000 JPY was imposed: 1,500,000 JPY for the quarterly report and 89,995,000 JPY for the registration statement.
Revenue recognition at subsidiaries should be scrutinised before any capital increase; an error in a quarterly report becomes many times more expensive through the prospectus.
Correct revenue recognition before capital market transactions
- Authority / court
- Financial Services Agency (FSA, 金融庁) auf Empfehlung der Securities and Exchange Surveillance Commission (SESC, 証券取引等監視委員会)
- Area of law
- Capital markets and financial supervision · Disclosure and reporting obligations
- Legal basis
- Financial Instruments and Exchange Act (FIEA, 金融商品取引法) Art. 172-4 Abs. 2 a. F., Art. 172-2 Abs. 1 Nr. 1, Art. 185-7 Abs. 1 und 14
- Action
- Fine
- Status of proceedings
- unknown
- Sector
- Energy and utilities
- Mitigating circumstances
- Both partial amounts were halved because the company had filed a report for a reduction before the inspection began (Art. 185-7(14) FIEA).
- Published
- 17 Sep 2026
Original amount 91,495,000 JPY, converted at the ECB reference rate of 16 Sep 2026.
- 金融庁 – 決定要旨 令和8年度(判)第4号 ENECHANGE株式会社 (Entscheidung vom 16.09.2026) Decision of an authority
- 金融庁 – ENECHANGE(株)における四半期報告書等の虚偽記載に対する課徴金納付命令の決定について(令和8年9月17日) Press release of an authority
- SESC – ENECHANGE株式会社における四半期報告書等の虚偽記載に係る課徴金納付命令勧告について(令和8年6月12日) Press release of an authority
- 金融庁 – 令和8年度課徴金納付命令等一覧 Enforcement database of an authority
Checked against the official source on 4 Oct 2026 · Direct link
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19 Aug 2026 KDDI株式会社 (KDDI Corporation)KDDI: data protection authority guidance after leak of 12.2 million email credentials Reprimand or warning
Through a software vulnerability in a mail platform developed by KDDI and provided to several internet service providers, unauthorised parties obtained the credentials (email address and password) of 12,231,954 people; 7,616,173 passwords were stored in plain text, so mailboxes could be read (discovered on 17 June 2026). The authority gave KDDI guidance (shidō) under Art. 147 APPI to improve its technical security measures because access controls against attackers spreading through the system had been inadequate, required a report by 19 October 2026 and also gave such guidance to individual providers responsible for the plain-text storage.
Passwords must never be stored in plain text, and platforms that serve many customers need layered defences against attackers spreading after a breach.
Password security and password reuse
- Authority / court
- Personal Information Protection Commission (PPC, 個人情報保護委員会)
- Area of law
- Data protection · Data breaches and data security
- Legal basis
- Act on the Protection of Personal Information (APPI, 個人情報の保護に関する法律) Art. 147, Art. 146 Abs. 1
- Action
- Reprimand or warning
- Status of proceedings
- unknown
- Sector
- Telecoms, IT and software
- Employees
- 10,000 or more
- Published
- 19 Aug 2026
- PPC – KDDI株式会社及びインターネットサービスプロバイダに対する個人情報の保護に関する法律に基づく行政上の対応並びにメールサービス利用者に対する注意喚起について(令和8年8月19日, PDF) Press release of an authority
- PPC – Pressemitteilung KDDI (19.08.2026) Press release of an authority
Checked against the official source on 4 Oct 2026 · Direct link
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6 Aug 2026 Snow Corporation; SNOW Japan Co., Ltd. (SNOW Japan株式会社)Snow Corporation and SNOW Japan: orders over undisclosed paid posts on X Order
SNOW Japan, to which South Korea's Snow Corporation had left decisions on advertising content in Japan for the jointly offered service, had users of X publish posts about the AI image functions of the 'SNOW' app from April 2025 onwards, for payment and following its instructions, without making the commission recognisable; the posts were treated as advertising by both companies. On 6 August 2026 each of them received an order to stop the display of posts still online, inform consumers and take measures to prevent recurrence.
A foreign provider that leaves its advertising in Japan to a partner remains responsible for undisclosed paid posts.
Stealth marketing and disclosure of paid posts
- Authority / court
- Consumer Affairs Agency (消費者庁, CAA)
- Area of law
- Consumer protection and online retail · Misleading advertising and pricing
- Legal basis
- Art. 7 Abs. 1 i. V. m. Art. 5 Nr. 3 (Bekanntmachung zu Stealth-Marketing) Act against Unjustifiable Premiums and Misleading Representations (不当景品類及び不当表示防止法, Gesetz Nr. 134/1962)
- Action
- Order
- Status of proceedings
- unknown
- Sector
- Media and online platforms
- Published
- 6 Aug 2026
- 「SNOW」と称するアプリケーションの利用サービスの提供事業者2社に対する景品表示法に基づく措置命令について (Eintrag, 06.08.2026) Press release of an authority
- News Release 06.08.2026 mit Maßnahmenanordnungen 消表対第681号 und 第682号 (PDF) Decision of an authority
Checked against the official source on 4 Oct 2026 · Direct link
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19 Jun 2026 moomoo証券株式会社moomoo Securities: three months without new accounts after false NISA information and AML gaps Order
From February to May 2025 the online broker wrongly displayed at least 77 US ETFs and ETNs as eligible for NISA (59 clients traded 25 of them in the tax-advantaged account) and repeated this for a further security after discovery, handled affected clients carelessly and unequally, had since 2024 refused all transfers of holdings to other institutions, carried out no suspicious-transaction assessment for at least 1,531 rejected account applicants and managed cyber and system risks inadequately. Soliciting and accepting new accounts was prohibited from 19 June to 18 September 2026, together with a business improvement order.
A firm that grows fast with account-opening bonuses must scale product approval, complaints handling, suspicious-transaction checks and IT security at the same pace.
Accurate product information and suspicious-transaction checks also for rejected clients
Missing or inadequate training played a role in the decision.
- Authority / court
- Kanto Local Finance Bureau (関東財務局) auf Empfehlung der Securities and Exchange Surveillance Commission (SESC, 証券取引等監視委員会)
- Area of law
- Capital markets and financial supervision · Organisational requirements
- Legal basis
- Financial Instruments and Exchange Act (FIEA, 金融商品取引法) Art. 52 Abs. 1, Art. 51; Art. 38 Nr. 1, Art. 43, Art. 40 Nr. 2 FIEA i. V. m. Art. 123 Abs. 1 Nr. 14 Cabinet Office Order on Financial Instruments Business; Act on Prevention of Transfer of Criminal Proceeds (犯罪収益移転防止法)
- Action
- Order
- Status of proceedings
- unknown
- Sector
- Financial services and insurance
- Published
- 19 Jun 2026
- 関東財務局 – moomoo証券株式会社に対する行政処分について(令和8年6月19日) Press release of an authority
- 金融庁 – moomoo証券株式会社に対する行政処分について(令和8年6月19日) Press release of an authority
- FSA – 行政処分事例集 (Sammlung der Verwaltungsmaßnahmen, Stand 30.06.2026, Excel) Enforcement database of an authority
Checked against the official source on 4 Oct 2026 · Direct link
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11 Jun 2026 GEO Store Co., Ltd. (株式会社ゲオストア)GEO Store: order over a sham deadline in a smartphone buy-back promotion Order
GEO Store advertised, among other channels on the official GEO account on X, for example from 12 May to 8 June 2025, a 10% bonus on buy-back prices for used smartphones and tablets that was said to apply only until a certain date. In fact, the same or higher bonuses were available afterwards; the investigation was conducted jointly with the Chubu office of the Japan Fair Trade Commission (JFTC, 公正取引委員会).
Time-limited promotions must actually end – a deadline after which the offer continues unchanged creates artificial time pressure.
Time-limited offers and artificial urgency
- Authority / court
- Consumer Affairs Agency (消費者庁, CAA)
- Area of law
- Consumer protection and online retail · Misleading advertising and pricing
- Legal basis
- Art. 7 Abs. 1 i. V. m. Art. 5 Nr. 2 Act against Unjustifiable Premiums and Misleading Representations (不当景品類及び不当表示防止法, Gesetz Nr. 134/1962)
- Action
- Order
- Status of proceedings
- unknown
- Sector
- Retail and e-commerce
- Published
- 11 Jun 2026
- 株式会社ゲオストアに対する景品表示法に基づく措置命令について (Eintrag, 11.06.2026) Press release of an authority
- News Release 11.06.2026 mit Maßnahmenanordnung 消表対第484号 (PDF) Decision of an authority
Checked against the official source on 4 Oct 2026 · Direct link
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23 Dec 2025 Chiba Lotte Marines Co., Ltd. (株式会社千葉ロッテマリーンズ)Chiba Lotte Marines: commitment plan with partial refund after signed-ball promotion Other
In a promotional letter of January 2025 for its paid fan club 'TEAM26', the baseball club Chiba Lotte Marines gave the impression that every new member would definitely receive a ball hand-signed by a player at the booth by the stadium, although only some members received one. Instead of an order, a commitment plan was approved on 23 December 2025 – a board resolution, information for consumers, measures to prevent recurrence, allegedly a partial refund of annual fees and reports on implementation; no infringement was thereby established.
Free gifts must state clearly whether every customer or only some will receive them; a commitment plan with refunds can avoid a formal order.
Advertising free gifts and special offers correctly
- Authority / court
- Consumer Affairs Agency (消費者庁, CAA)
- Area of law
- Consumer protection and online retail · Misleading advertising and pricing
- Legal basis
- Art. 30, Art. 31 Abs. 1 und 3 (Zusagenverfahren), Verdacht eines Verstoßes gegen Art. 5 Nr. 2 Act against Unjustifiable Premiums and Misleading Representations (不当景品類及び不当表示防止法, Gesetz Nr. 134/1962)
- Action
- Other
- Status of proceedings
- unknown
- Sector
- Other
- Published
- 23 Dec 2025
- 株式会社千葉ロッテマリーンズから申請があった確約計画の認定について (Eintrag, 23.12.2025) Press release of an authority
- News Release 23.12.2025 zur Genehmigung des Zusagenplans (PDF) Decision of an authority
Checked against the official source on 4 Oct 2026 · Direct link
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31 Oct 2025 いわき信用組合 (Iwaki Credit Cooperative)Iwaki Credit Cooperative: lending halt for new clients after payments to anti-social forces Order
Among other things, between 2004 and 2011 the credit cooperative had channelled loans taken out in the names of uninvolved people without their knowledge, and via shell companies, to a distressed large borrower group, thereby circumventing large-exposure limits; it had paid large cash sums to anti-social forces (hanshakai-teki seiryoku), carried out no suspicious-transaction assessments and given false reports and false statements to the supervisor. Besides a comprehensive business improvement order, lending to new clients was suspended from 17 November to 16 December 2025, combined with training of all staff away from day-to-day business and the immediate severing of ties with anti-social forces; it was the second order against the cooperative in 2025.
When management and control functions jointly cover up breaches, only a rebuild of governance helps, and every false statement to the supervisor makes the consequences worse.
Resisting demands from anti-social forces and truthful information to the supervisor
Missing or inadequate training played a role in the decision.
- Authority / court
- Financial Services Agency (FSA, 金融庁)
- Area of law
- Capital markets and financial supervision · Organisational requirements
- Legal basis
- Act on Financial Businesses by Cooperatives (協同組合による金融事業に関する法律) Art. 6 Abs. 1 i. V. m. Banking Act (銀行法) Art. 26 Abs. 1; Art. 10 Nr. 2 und 3 (falsche Berichte und Aussagen); Act on Prevention of Transfer of Criminal Proceeds (犯罪収益移転防止法)
- Action
- Order
- Status of proceedings
- unknown
- Sector
- Financial services and insurance
- Repeat case
- yes
- Liability of senior managers
- Measures against individuals are not set out here.
- Published
- 31 Oct 2025
- 金融庁 – いわき信用組合に対する行政処分について(令和7年10月31日) Press release of an authority
- 金融庁 – いわき信用組合に対する行政処分について(令和7年5月29日, frühere Anordnung des Tohoku Local Finance Bureau) Press release of an authority
- FSA – 行政処分事例集 (Sammlung der Verwaltungsmaßnahmen, Stand 30.06.2026, Excel) Enforcement database of an authority
Checked against the official source on 4 Oct 2026 · Direct link
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17 Oct 2025 NOVA Language Company Co., Ltd. (株式会社NOVAランゲージカンパニー)NOVA: order over waiving an enrolment fee that was never charged Order
On the website of its 'NOVA' English schools, NOVA Language Company advertised several courses, for example in September 2024, by waiving an enrolment fee of 22,000 JPY (11,000 JPY for a children's course). The company had not charged anyone such a fee over a considerable recent period; the order required a corrective notice, measures to prevent recurrence and cessation.
A waived charge is only an advantage if it is otherwise actually charged – fictitious fees are misleading price advertising.
Advertising price advantages and fee waivers correctly
- Authority / court
- Consumer Affairs Agency (消費者庁, CAA)
- Area of law
- Consumer protection and online retail · Misleading advertising and pricing
- Legal basis
- Art. 7 Abs. 1 i. V. m. Art. 5 Nr. 2 Act against Unjustifiable Premiums and Misleading Representations (不当景品類及び不当表示防止法, Gesetz Nr. 134/1962)
- Action
- Order
- Status of proceedings
- unknown
- Sector
- Other
- Published
- 17 Oct 2025
- 株式会社NOVAランゲージカンパニーに対する景品表示法に基づく措置命令について (Eintrag, 17.10.2025) Press release of an authority
- News Release 17.10.2025 mit Maßnahmenanordnung 消表対第1556号 (PDF) Decision of an authority
Checked against the official source on 4 Oct 2026 · Direct link
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12 Sep 2025 Japanet Takata Co., Ltd. (株式会社ジャパネットたかた)Japanet Takata: order over comparison with a future 'regular price' for osechi Order
From 8 October to 23 November 2024, Japanet Takata offered a two-tier New Year food box ('osechi' for 2025) in its online shop, stating that the 'Japanet regular price' of 29,980 JPY had been reduced by 10,000 JPY to 19,980 JPY, with the regular price presented as applying after the promotion ended. There was no reliable plan to sell at the higher price afterwards; the investigation was conducted jointly with the Kyushu office of the Japan Fair Trade Commission (JFTC, 公正取引委員会).
Anyone advertising against a future price needs a robust sales plan at that price that is actually carried out.
Reference prices and discount promotions
- Authority / court
- Consumer Affairs Agency (消費者庁, CAA)
- Area of law
- Consumer protection and online retail · Misleading advertising and pricing
- Legal basis
- Art. 7 Abs. 1 i. V. m. Art. 5 Nr. 2 Act against Unjustifiable Premiums and Misleading Representations (不当景品類及び不当表示防止法, Gesetz Nr. 134/1962)
- Action
- Order
- Status of proceedings
- unknown
- Sector
- Retail and e-commerce
- Published
- 12 Sep 2025
- 株式会社ジャパネットたかたに対する景品表示法に基づく措置命令について (Eintrag, 12.09.2025) Press release of an authority
- News Release 12.09.2025 mit Maßnahmenanordnung 消表対第1401号 (PDF) Decision of an authority
Checked against the official source on 4 Oct 2026 · Direct link
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1 Aug 2025 P&G Japan G.K. (P&Gジャパン合同会社)P&G Japan: order over unsubstantiated anti-mould claims for a Febreze product Order
P&G Japan advertised its 'Febreze bathroom anti-mould' product (ファブリーズ お風呂用防カビ剤), among other things on the packaging from April 2022 to May 2023, by claiming that simply placing it in the bathroom would prevent black mould for around six weeks. The documents submitted did not substantiate this effect, so the advertising was deemed misleading; the order required a corrective notice, measures to prevent recurrence and cessation.
Anyone promising an effect must hold robust evidence before advertising; without it, the claim is deemed misleading.
Substantiating efficacy claims in advertising
- Authority / court
- Consumer Affairs Agency (消費者庁, CAA)
- Area of law
- Consumer protection and online retail · Misleading advertising and pricing
- Legal basis
- Art. 7 Abs. 1 und 2 i. V. m. Art. 5 Nr. 1 Act against Unjustifiable Premiums and Misleading Representations (不当景品類及び不当表示防止法, Gesetz Nr. 134/1962)
- Action
- Order
- Status of proceedings
- unknown
- Sector
- Chemicals and pharmaceuticals
- Published
- 1 Aug 2025
- P&Gジャパン合同会社に対する景品表示法に基づく措置命令について (Eintrag, 01.08.2025) Press release of an authority
- News Release 01.08.2025 mit Maßnahmenanordnung 消表対第1255号 (PDF) Decision of an authority
Checked against the official source on 4 Oct 2026 · Direct link
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9 May 2025 アストレード株式会社アストレード株式会社: one-year export ban after exports to Russia with a false destination Order
Between 17 August 2022 and 5 June 2023, in 18 shipments, the company exported a total of 523 items whose export to Russia is restricted, including motorcycles and personal watercraft, to Russia without the minister’s approval, declaring South Korea as the final destination. Under Art. 53(2) and (3) of the Foreign Exchange and Foreign Trade Act, the company was barred from 16 May 2025 to 15 May 2026 from exporting any goods listed in Appended Table 2-3 of the Export Trade Control Order to any destination, including via third parties. The amount and the facts have not been confirmed against the primary source.
End-use checks and circumvention of Russia sanctions
- Authority / court
- Ministry of Economy, Trade and Industry (METI, 経済産業省)
- Area of law
- Sanctions and export control · Breaches of sanctions and embargoes
- Legal basis
- Foreign Exchange and Foreign Trade Act (外国為替及び外国貿易法) Art. 53 Abs. 2 und 3; Export Trade Control Order (輸出貿易管理令) Anhang 2-3
- Action
- Order
- Status of proceedings
- unknown
- Sector
- Retail and e-commerce
- Culpability
- intentional
- Liability of senior managers
- Measures against individuals are not set out here.
- Published
- 9 May 2025
- 経済産業省 – 外国為替及び外国貿易法に基づく行政処分(輸出禁止等)を行いました(2025年5月9日) Press release of an authority
Checked against the official source on 4 Oct 2026 · Direct link
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24 Mar 2025 Tokio Marine & Nichido Fire Insurance, Sompo Japan Insurance, Mitsui Sumitomo Insurance u. a. (4 Unternehmen)Four insurers: orders after customer data were passed on via agencies Order
Multi-insurer agencies had forwarded policyholder data to competing insurers, and insurance staff seconded to agencies had sent the agencies’ customer data to their employer without the agencies’ consent; from the agency channel alone, Tokio Marine & Nichido reported 1,004,861, Sompo Japan 799,331, Mitsui Sumitomo 319,915 and Aioi Nissay Dowa 221,144 affected records. The business improvement orders under Art. 132(1) of the Insurance Business Act require a compliance organisation for data protection and unfair competition law, customer data management also at the agencies, stricter rules on secondments, a review by external experts and a fundamental overhaul of the improvement plans submitted after the December 2023 order.
Seconded staff and multi-insurer agencies are data protection risks: customer data may only flow between agency and insurer on a lawful basis.
Passing on customer data in sales via agencies
Missing or inadequate training played a role in the decision.
- Authority / court
- Financial Services Agency (FSA, 金融庁)
- Area of law
- Capital markets and financial supervision · Organisational requirements
- Legal basis
- Insurance Business Act (保険業法) Art. 132 Abs. 1; Bezug zum APPI (個人情報保護法) und zum Unfair Competition Prevention Act (不正競争防止法)
- Action
- Order
- Status of proceedings
- unknown
- Sector
- Financial services and insurance
- Employees
- 10,000 or more
- Repeat case
- yes
- Published
- 24 Mar 2025
- 金融庁 – 損害保険会社4社に対する行政処分について(令和7年3月24日) Press release of an authority
- 金融庁 – 東京海上日動火災保険株式会社に対する行政処分について(PDF) Decision of an authority
- 金融庁 – 損害保険ジャパン株式会社に対する行政処分について(PDF) Decision of an authority
- FSA – 行政処分事例集 (Sammlung der Verwaltungsmaßnahmen, Stand 30.06.2026, Excel) Enforcement database of an authority
Checked against the official source on 4 Oct 2026 · Direct link
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26 Dec 2024 株式会社イオン銀行 (AEON Bank, Ltd.)AEON Bank: order over 14,639 unreviewed money laundering alerts Order
Between June and November 2023 and between July and September 2024, the bank failed to assess at least 14,639 transactions flagged by its transaction monitoring for whether suspicious transaction reports were needed, and took up to 152 days on monthly average to file reports (February 2024). It had also not implemented the measures required by the supervisory AML/CFT guidelines by the end-March 2024 deadline and had not remedied findings from the previous inspection. The business improvement order under Art. 26(1) of the Banking Act requires, among other things, the outstanding reviews and reports to be completed and governance by the board and management to be fundamentally strengthened.
Transaction monitoring only works with enough staff to assess every alert promptly; backlogs must reach the board.
Prompt handling of monitoring alerts and suspicious transaction reports
- Authority / court
- Financial Services Agency (FSA, 金融庁)
- Area of law
- Money laundering and terrorist financing · Suspicious activity reports
- Legal basis
- Banking Act (銀行法) Art. 26 Abs. 1; Act on Prevention of Transfer of Criminal Proceeds (犯罪収益移転防止法); Guidelines for AML/CFT der FSA
- Action
- Order
- Status of proceedings
- unknown
- Sector
- Financial services and insurance
- Repeat case
- yes
- Liability of senior managers
- According to the reasons, the board and management neither established the facts themselves nor gave instructions despite repeated signals from backlogs, inspection findings and internal audit; the order requires responsibility to be clarified.
- Published
- 26 Dec 2024
- 金融庁 – イオン銀行に対する行政処分について(令和6年12月26日) Press release of an authority
- FSA – Administrative Action against AEON Bank, Ltd. (English version of 26 December 2024 release, published 29 January 2025) Press release of an authority
- FSA – 行政処分事例集 (Sammlung der Verwaltungsmaßnahmen, Stand 30.06.2026, Excel) Enforcement database of an authority
Checked against the official source on 4 Oct 2026 · Direct link
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30 Oct 2024 野村證券株式会社 (Nomura Securities Co., Ltd.)Nomura Securities: 21.76 million JPY for layering in Japanese government bond futures €131,155
A person engaged in the firm’s proprietary trading had, on 9 March 2021, repeatedly placed several layered orders in the order book for the long-term JGB future (March 2021 contract) on the Osaka Exchange to create a false impression of active trading, and then bought lower or sold higher. After administrative proceedings were opened, Nomura admitted the facts and the amount; an administrative monetary penalty (kachōkin) of 21,760,000 JPY was imposed, made up of 6,940,000 JPY for the matched volume and 14,820,000 JPY for the excess purchases.
Trade surveillance must detect layering patterns in proprietary trading, including in bond futures and not only in equities.
Spoofing and layering in proprietary trading
- Authority / court
- Financial Services Agency (FSA, 金融庁) auf Empfehlung der Securities and Exchange Surveillance Commission (SESC, 証券取引等監視委員会)
- Area of law
- Capital markets and financial supervision · Market abuse and insider dealing
- Legal basis
- Financial Instruments and Exchange Act (FIEA, 金融商品取引法) Art. 174-2 Abs. 1 und 8, Art. 159 Abs. 2 Nr. 1; FIEA Enforcement Order Art. 33-13 Nr. 2; Art. 185-7 Abs. 1
- Action
- Fine
- Status of proceedings
- unknown
- Sector
- Financial services and insurance
- Employees
- 10,000 or more
- Published
- 31 Oct 2024
Original amount 21,760,000 JPY, converted at the ECB reference rate of 30 Oct 2024.
- 金融庁 – 長期国債先物に係る相場操縦に対する課徴金納付命令の決定について(令和6年10月31日) Press release of an authority
- 金融庁 – 決定要旨 令和6年度(判)第19号 (Entscheidung vom 30.10.2024) Decision of an authority
- SESC – 野村證券株式会社による長期国債先物に係る相場操縦に対する課徴金納付命令の勧告について(令和6年9月25日) Press release of an authority
Checked against the official source on 4 Oct 2026 · Direct link