Enforcement Actions
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21 results
Enforcement Actions
Monzo fined £21 million for fincrime failures, third challenger bank fine inside a year
Challenger bank Monzo has been handed a £21 million fine by the UK Financial Conduct Authority (FCA) for failings in...
Financial Crime
Wealthy Gen Z Russian laundered money in luxury properties, claimed ADHD caused offending
On December 4, 2024, the UK’s National Crime Agency (NCA), together with the United Arab Emirates government, the US Drug...
Financial Crime
The privileged, privately educated Russian who ran a cash-to-crypto MLAAS for other wealthy Russians and drug traffickers
Semen Kuksov, son of Vladimir Kuksov, former chairman of AKROS, a leading Russian oil field service company, is one of...
Enforcement Actions
FCA spent over £300k on insider dealing duo who made £43k
The UK Financial Conduct Authority (FCA) spent over £300,000 investigating and prosecuting two men who made about £43,000 through insider...
Enforcement Actions
Over 50% of FCA investigations are public
More than half of UK Financial Conduct Authority (FCA) investigations into regulated listed firms or publicly traded firms are in...
Financial Crime
Jailed UK art dealer ignored due diligence platformʼs alert on Hezbollah financier
Jailed UK art dealer Oghenochuko Ojiri, who knowingly sold art to a sanctioned Hezbollah financier, subscribed to and used an...
Social
IOSCO: regulators target finfluencers, many report enforcements
International securities regulators are targeting finfluencers, with nearly half (44%) reporting enforcement actions related to online financial content, according to...
Enforcement Actions
Q1 fines top $7bn globally thanks to Ponzi penalty
Financial services fines in the first quarter of 2025 topped $7 billion globally thanks to a $5.9 billion civil penalty...
