Australian authorities have fined Deutsche Bank approximately US$1.4 million (A$2 million) for misreporting more than 260,000 over-the-counter (OTC) derivative transactions. The Australian Securities and Investments Commission (ASIC) stated on July 13, 2026, that it had reasonable grounds to believe the bank failed to accurately report direction fields data across 208 separate business days. This data, which clarifies whether a reporting entity is buying or selling at a set price, was misreported for 20,483 outstanding transactions and 244,091 closed or matured transactions involving foreign exchange and commodities.
According to ASIC, these reporting errors were systemic and pointed to weaknesses within Deutsche Bank’s internal reporting structure. Deutsche Bank cooperated with the investigation and has settled the penalty. The regulator noted that complying with the infringement notice does not constitute an admission of guilt or liability, nor does it mean Deutsche Bank has been found to have broken ASIC rules. The bank is currently putting measures in place to prevent similar reporting errors in the future.
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