The Australian regulator has imposed a penalty after identifying systemic reporting errors involving more than 260,000 OTC derivatives transactions.
Deutsche Bank has paid a A$2m (US$1.3m) penalty after the Australian Securities and Investments Commission (ASIC) found failures in its reporting of over-the-counter (OTC) derivatives transactions. Deutsche Bank said it cooperated with the investigation ASIC issued an infringement notice after identifying breaches of the ASIC Derivative Transaction Rules (Reporting) 2024 between 21 October 2024 and 15 August 2025. ASIC noted that Deutsche Bank failed to take reasonable steps to accurately r