Deutsche Bank Fined $2 Million by Australian Regulator Over Derivative Reporting Failures
Deutsche Bank was fined $2 million by the Australian Securities and Investments Commission (ASIC) for incorrectly reporting over 260,000 derivative transactions between October 21, 2024, and August 15, 2025. The bank failed to accurately report 'direction' data on both active and terminated trades, which ASIC deemed a systemic issue in its internal framework.
Topics: banking compliance derivatives fines