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Coaf Fines Stellantis R$7.4 Million Over AML Reporting Failures

The penalty signals a stepped-up 2026 crackdown on sellers of high-value goods for not reporting large cash and atypical transactions to Brazil’s financial intelligence unit.

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Overview

  • The Coaf plenary imposed the R$7.4 million fine on Stellantis and published the decision in the Diário Oficial da União on Friday, August 28, 2026.
  • Brazilian law requires dealers of high-value items to keep customer records and file confidential reports for cash vehicle purchases of R$30,000 or more and for transactions judged atypical.
  • Stellantis said the administrative process did not find illicit practices, that it cooperated with regulators, and that it has strengthened policies, procedures and internal controls.
  • The fine is the latest in a sectoral enforcement wave that had produced more than R$26 million in penalties through June 2026 and has already hit Toyota, Honda, Mercedes‑Benz and luxury retailers such as Gucci and Dolce & Gabbana.
  • Coaf stresses that filing is confidential and not a criminal finding, but the drive for stricter reporting raises compliance costs, governance scrutiny and the risk of further sanctions for companies and their administrators.