Our extensive knowledge at your fingertips
Fines & Enforcements
This section includes initiatives by the FCA, ICO, Gambling Commission, SEC, US DoT among others.
Financial Conduct Authority (FCA)
Information Commissioner’s Office (ICO)
Gambling Commission
U.S Department of the Treasury – Penalties and Enforcement Information
U.S. Securities and Exchange Commission (SEC)
And many more…
Sections
Latest editions
Search
Topics
- Topics
- Accountability
- AML/CTF
- AML/CTF compliance programme
- Anti-corruption
- Artificial intelligence
- Asset Recovery
- Beneficial Ownership
- Biodiversity
- Blockchain
- Bribery & Corruption
- Bribes
- CDD
- Complex structures
- Confiscation & Freezing
- conflict minerals
- Conflict of Interest
- Correspondent Banking
- Corruption
- Counterfeiting
- Crime
- Cross-border finance
- Cryptoassets
- Cryptocurrencies
- Cybercrime
- Data Protection
- Deepfakes
- Democracy
- Digital assets
- Digitalisation
- Drug Trafficking
- EDD
- Enforcement
- Environmental crime
- ESG
- Ethics
- EU ML Directive
- FCPA
- Financial Crime
- Financial Inclusion & Literacy
- Financial Sanctions
- Fines & Enforcements
- FinTech
- FIU
- Fraud
- Gambling
- Greenwashing
- Human Rights
- Human Trafficking
- Illicit Finance
- Illicit Trafficking
- Information Sharing
- Integrity
- Intellectual property
- Investigations
- kleptocracy
- KYC
- Land justice
- Machine Learning
- market manipulation
- Modern Slavery
- Money Laundering (ML)
- NPOs
- Offshore
- OHCHR
- Onboarding
- Organised crime
- Other
- Payments
- PEPs
- Proliferation
- Proliferation of WMD
- Public Officials
- Ransomware
- RegTech
- Risk
- robotics
- Sanctions
- Senior Managers & Certification Regime (SMCR)
- Shell Companies
- Source of wealth & funds
- Stablecoins
- Supervision
- Suspicious Activity Reports (SARs)
- Suspicious Transaction Reports (STRs)
- Tax
- Tax Evasion
- Technology
- Terrorist Financing
- Trade Finance
- Trafficking
- Transaction Monitoring
- Transfers
- Transnational crime
- Transparency
- Travel
- Unexplained Wealth Order
- Virtual Assets
- Virtual currencies
- Whistleblowing
- Wildlife crime
Industry
Organisation
- Organisation
- ABA
- AFME
- Afripol
- AMLA
- AMLP
- APPG
- ASC
- Asia Pacific Group on Money Laundering
- ASIC
- Atlantic Council
- AUSTRAC
- Austria FMA
- B20
- BAFIN
- BAFM
- Bank of England
- Basel
- BGC
- BIS
- BMA
- BoIJ
- CBUAE
- CCAF
- CFATF
- Charity Commission
- Chatham House
- City of London Police
- CMA
- Companies House
- Corruption Watch
- Council of Europe
- Council of the EU
- CPA
- CPS
- CSSF
- DEA
- Department of Business
- DFSA
- DIT
- DRCF
- EBA
- EBF
- ECB
- EFCC
- EGBA
- Egmont Group
- EPPO
- ESA
- ESAAMLG
- ESMA
- EUDA
- Eurojust
- European Anti-Fraud Office (OLAF)
- European Commission
- European Council
- European Parliament
- European Union (EU)
- Europol
- FATF
- FBI
- FCA
- FCDO
- FCO
- FDIC
- Federal Reserve
- Fenergo
- FFIS
- FIAU
- FinCEN
- FINMA
- FINRA
- FINTRAC
- FIU
- FIU-IND
- FSA / FCA
- FSB
- FSC
- FSMA
- G20
- G7
- GABAC
- GAFILAT
- Gambling Commission
- GASA
- GCFCC
- GFI
- GI-TOC
- GIABA
- Global Initiative
- Global Integrity
- Global Witness
- GRECO
- GRETA
- HKMA
- HKSFC
- HM Treasury
- HMCPSI
- HMRC
- Home Office
- House of Commons
- House of Lords
- ICAEW
- ICC
- ICE
- ICIJ
- ICO
- IDB
- IMF
- IMLIT
- Insurance Europe
- Interpol
- IOM FSA
- IPO
- ISO
- J5
- JFSC
- JMLSG
- KoFIU
- KSA
- Law Commission
- Law Society
- MAS
- MENAFATF
- Met Police
- MONEYVAL
- NAO
- NASC
- Nasdaq Verafin
- Nature Needs More
- NCA
- NECC
- NED
- Netherlands FIOD
- Nice Actimize
- NYDFS
- OAG
- OCC
- OCCRP
- OECD
- OFAC
- OFSI
- OLAF
- OPBAS
- OSCE
- Other
- OTSI
- PNF
- PRA
- project CRAAFT
- PSR
- PwC
- RBI
- RUSI
- Sayari
- SEBI
- SEC
- SEPA
- SFO
- Singapore Police Force
- Spotlight on corruption
- SRA
- Sweden FI
- Swiss Federal Council
- Swiss OAG
- Tax Justice Network
- TFG
- TRACE
- TRACFIN
- Traffic
- Transparency International
- TRNC
- TRP
- UK Border Force
- UK Finance
- UK Govt
- UK Police Foundation
- UKACC
- UKPI
- UN
- UNODC
- US BIS
- US DEA
- Us DoC
- US DoJ
- US DoS
- US Govt
- US Sec
- US Senate
- US Treasury
- USAID
- VISA
- Wall Street Journal
- WCO
- White House
- Wolfsberg
- World Bank
Jurisdiction
- Jurisdiction
- Afghanistan
- Andorra
- Asia
- Australia
- Austria
- Belarus
- Belgium
- Berlin
- Bermuda
- Botswana
- Brazil
- Bulgaria
- Canada
- Cayman Islands
- China
- Colombia
- Cyprus
- Czech Republic
- Denmark
- Estonia
- EU
- Finland
- France
- Germany
- Ghana
- Gibraltar
- Global
- Greece
- Guernsey
- Hong Kong
- India
- Iran
- Ireland
- Isle of Man
- Israel
- Japan
- Jersey
- Kenya
- Lithuania
- Malaysia
- Malta
- Mauritiania
- Mexico
- Middle East
- Monaco
- Myanmar
- Netherlands
- New Zealand
- Nigeria
- North Korea
- Norway
- Other
- Poland
- Romania
- Russia
- San Marino
- Singapore
- Slovakia
- Slovenia
- South Africa
- Spain
- Sudan
- Sweden
- Switzerland
- Turkey
- UAE
- UK
- Ukraine
- Uruguay
- US
- Uzbekistan
- Venezuela
- Vietnam
US DoJ sentences Mexican national to 8+ years for laundering $5.5M in cartel drug proceeds via U.S. cash pickups and crypto transfers to Mexico and facilitation of large-scale narcotics trafficking
A Mexican national has been sentenced to over eight years in prison for laundering $55 million through shell companies and complex bank transactions to support narcotics trafficking operations. The conviction demonstrates the U.S. Department of Justice’s commitment to dismantling sophisticated financial networks that facilitate cross-border drug crimes…
AUSTRAC, in a joint operation, identifies 90 crypto ATM users, including scam victims, money mules, and suspects – many of them elderly individuals defrauded in romance and investment scams
The operation conducted by AUSTRAC identified 90 individuals involved in crypto ATM transactions, encompassing victims of scams, money mules, and offenders. These findings highlight significant vulnerabilities within the crypto ATM sector and emphasize the need for strengthened regulatory oversight and enhanced compliance measures…
FCA secures convictions against 2 individuals for insider dealing and ML, after they misused confidential market information to generate over £1M in illegal profits
The FCA successfully prosecuted Redinel and Oerta Korfuzi for insider dealing involving 13 companies and for laundering proceeds from both trading and unrelated criminal activity. The FCA’s market surveillance systems detected the misconduct, and confiscation proceedings will follow sentencing in July 2025…
US DoJ seizes over $225M in cryptocurrency linked to global investment fraud and ML, highlighting the Govt’s intensified efforts to combat digital FC through advanced blockchain forensics
The case involves cryptocurrency transactions linked to multiple fraud schemes that deceived victims through false investment opportunities and impersonation. Authorities traced the illicit funds through complex digital trails, leading to the identification and seizure of assets…
FINTRAC fines Crystal Currency Exchange US$348K for serious AML/CFT violations, including failure to file STRs, report large fund transfers, and implement key compliance controls
The MSB failed to submit required suspicious transaction reports, report large cash transactions and electronic funds transfers, appoint a compliance officer, and maintain up-to-date compliance policies and training programs, among other violations. This enforcement action highlights FINTRAC’s strengthened regulatory oversight of money services businesses…
FCA leads a global crackdown on illegal “finfluencers,” removing over 650 illicit posts promoting unauthorised investments – marking a major step to counter emerging digital fraud and cross-border FC
In a coordinated enforcement action with regulators from Australia, Canada, Hong Kong, Italy, and the UAE, the operation launched in early June 2025, resulted in three arrests in the UK, four interviews under caution, and over 50 warnings issued. Authorities took down more than 650 pieces of illicit online content, targeting a growing trend where unlicensed individuals exploit social media to promote high-risk investments—often preying on young and vulnerable consumers…
UK Gambling Commission fines Spreadex £2m for repeated AML and social responsibility breaches, exposing critical risk blind spots across regulators
The regulator’s investigation revealed critical weaknesses in Spreadex’s risk assessment processes, which failed to adequately factor in key customer, product, geographic, and payment risks, leading to an insufficiently risk-based approach to anti-money laundering (AML). Moreover, Spreadex excessively depended on customers’ self-reported financial information without conducting…
Environment Agency secures major confiscation order against illegal waste operator, sending clear message that waste crime will be punished
The court found that Platinum Group Metals Recycling Ltd and its director, Edvars Stancik, operated illegal waste sites without the required environmental permits, generating unlawful profits exceeding £8.6 million. Confiscation orders were issued for available assets, and a warrant was issued for Stancik’s arrest after he failed to appear for sentencing.
CBUAE imposes AED 200m fine on an exchange house and AED 500,000 on its branch manager for major AML/CFT failures, reinforcing its commitment to financial integrity and regulatory compliance
The CBUAE emphasises strict enforcement of AML/CFT standards, holding both institutions and individuals accountable. It aims to protect the UAE’s financial system through robust supervision and zero tolerance for regulatory breaches…
US SEC accuses Unicoin and 3 top exec of misleading investors in a $100m scheme involving false claims about rights to Unicoin crypto tokens and company shares
General counsel settles for $37,500, while the company faces allegations of unregistered offerings and misleading marketing portraying tokens as SEC-registered and backed by billions in real estate…
SRA issues its largest-ever fine of nearly £4m on former owner of Kingly Solicitors for hundreds of unauthorised client fund transfers to his personal accounts, concealed by forged documents
Miah had orchestrated 310 improper transfers from client accounts to companies linked to him, using the funds for personal loan repayments and asset purchases unrelated to the business. Forged statements were used to conceal these unauthorized transactions. Despite some funds being returned, a shortfall of approximately £10 million remained…
US DoJ secures $510m penalty from Credit Suisse Services AG for conspiring with US taxpayers to conceal $4bn in assets across 475 offshore accounts
The Swiss financial institution has been accused of conspiring to assist U.S. taxpayers in evading their tax obligations by concealing their ownership of funds at Credit Suisse. As part of the resolution, Credit Suisse Services AG has agreed to pay a $510 million penalty, which includes fines, restitution, and forfeiture. Additionally, the company has committed to full cooperation…