UBS Financial Services Inc. fined $14.5M by FinCEN
- Amount
- $14,500,000
- Regulator
- FinCEN
- Financial Crimes Enforcement Network
- Date
- Country
- United States
- Broker-dealer
What happened
FinCEN civil money penalty for violations of the Bank Secrecy Act (securities and futures).
Violations
AML program failures Transaction monitoring Suspicious activity reporting KYC and onboarding
Controls that catch this
- Transaction Monitoring: scenario coverage, alert review and SAR workflow
- KYB and beneficial ownership, including ownership chains
- Customer risk assessment that blocks or escalates high-risk onboarding
- Case management with an audit trail for every decision
Sources
- Regulator's notice Official
Doing business with UBS Financial Services Inc.? Check the company and its owners against sanctions lists for free.
Run a sanctions checkRelated fines
| 13 Oct 2026 | Bank of America | FinCEN | $1,200,000,000 |
| 6 Mar 2026 | Canaccord Genuity LLC | FinCEN | $200,000 |
| 9 Dec 2025 | Paxful, Inc. and Paxful USA, Inc. | FinCEN | $5,000 |
Figures and summaries come from the regulator's published notice or, where noted, press reports. Penalties can be reduced, appealed or combined with other agencies' actions. Last reviewed by our compliance team: 27 Oct 2026.