Deutsche Bank pays A million penalty for Australian trade reporting failures

Deutsche Bank pays A$2 million penalty for Australian trade reporting failures

July 13, 2026 / Liam Redmond /


Published Mon, Jul 13, 2026 · 09:19 AM

DEUTSCHE Bank has paid an A$2 million (US$1.3 million) penalty for misreporting more than 260,000 over-the-counter (OTC) derivative transactions, Australia’s securities regulator said on Monday (Jul 13).

The Australian Securities and Investments Commission (ASIC) issued the infringement notice after finding that the German bank failed to accurately report the ‘direction’ field data across foreign exchange and commodities transactions between Oct 21, 2024 and Aug, 15, 2025.

ASIC considers the direction data reporting failures were systemic and reflected deficiencies in Deutsche Bank’s internal reporting framework.

Deutsche Bank has cooperated with the investigation and is implementing measures to prevent further reporting errors, the watchdog said.

Deutsche Bank did not immediately respond to a Reuters’ request for comment. REUTERS



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Liam Redmond

As an editor at Forbes Europe, I specialize in exploring business innovations and entrepreneurial success stories. My passion lies in delivering impactful content that resonates with readers and sparks meaningful conversations.

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