meta_id 3342477

On February 26, 2026, De Nederlandsche Bank (DNB) imposed an administrative fine of €10,000 on BondAuction Europe B.V. (BondAuction) for failing to submit regulatory reports by the required deadline. The fine was published on July 21, 2026. BondAuction failed to submit its IFREP reporting for the full year 2024 and FINREP reporting for the fourth quarter of 2024 by the February 12, 2025 deadline. The FINREP report was submitted on March 21, 2025, and the IFREP report on March 28, 2025—38 and 45 days late respectively. This breach violated the Financial Supervision Act (Wet op het financieel toezicht). DNB imposed the fine in accordance with its enforcement policy for timely submission of supervisory reports. BondAuction, an investment firm, is subject to DNB's regulatory oversight and must comply with reporting obligations under the Financial Supervision Act. The late submission of these critical financial reports prevents DNB from obtaining timely information necessary for effective prudential supervision of the firm. The €10,000 fine reflects DNB's commitment to enforcing compliance with reporting deadlines across the investment services sector. The decision is documented in a formal administrative fine decision dated February 26, 2026. No appeals or objections have been recorded at the time of publication. DNB has also recently introduced email reminder functionality through its "Mijn DNB" portal to help regulated institutions track upcoming reporting deadlines and reduce future compliance failures. REFERENCES: De Nederlandsche Bank. "Boete voor BondAuction Europe B.V. wegens niet tijdig rapporteren." Accessed July 21, 2026. https://www.dnb.nl/en/