Global AML Fines Research Report
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AML Fines Webinar
Watch this webinar on-demand where our Financial Crime Policy Manager, Rory Doyle, is joined by special guests to delve into the findings of Fenergo’s analysis of enforcement actions data from 2022, as well as:
- The trends driving enforcement actions, and why fine values have plateaued in recent years
- Why 2022 was a watershed year for crypto, and what to expect from the regulatory crackdown on digital assets
- Best practice for managing risk exposure and for detecting and preventing financial crime
- Predictions: what 2022’s data tells us about the regulatory landscape going into 2023
Global Crypto and AML Fines Surge in 2022
In 2022, fines for non-compliance with financial services regulations totalled $4.17 billion, a decrease of 22% from 2021.
Yet enforcement actions for AML-related compliance breaches soared globally by 52%.
APAC
regulators issued a total of $5.58 million in enforcement actions to financial institutions in 2022, down 99% from 2021
EMEA
saw a 66% decrease in the value of financial penalties, from $3.4 billion in 2021 to just over $1.16 billion in 2022
North America
had a sharp rise in enforcement actions during the 2022 calendar year, with values up 151% from 2021
Latin America
regulators in Latin America fined financial institutions $2.5 million, down 82% from 2021
Globally
approximately 12 individuals were fined $31.2 million for their role in AML-related compliance breaches
Global Enforcement Actions by Region
APAC
EMEA
LATAM
NAM
Other resources
AML Fines in a COVID climate
Fenergo's 2021 report of global financial institution fines is available to download now. So what’s changed since 2020?
Globally, the total value of financial penalties issued by regulators to financial institutions for AML and data privacy breaches reached approximately $5.4 billion, a 49% decrease in value compared to the year prior.
Watch the Webinar
How have geopolitical and financial crime trends impacted enforcement actions in 2021 and what does 2022 behold for financial institutions?
Discover this and more at our informative webinar discussion entitled Financial Institution Enforcement Actions: Implications of a COVID Climate.
プレスリリースを読む
Fines to crypto financial institutions and their employees reached $193 million, rising by 92% when compared to 2021.
Fines to individuals increased by 89% from approximately $16,505,264 in 2021 to $31,209,191 in 2022 – largely a result of crypto-related fines.