(Reuters) - Citigroup ( C/PN ) reached an agreement with the Bourse de Montreal to resolve allegations that it failed to report positions on options contracts exceeding a certain threshold, the exchange said on Thursday.

The bank failed to establish and maintain a system to supervise employees to comply with reporting rules, the exchange said, adding that Citi will pay a $138,000 fine and $10,600 for related costs as part of the settlement.

Last week, U.S. banking regulators fined Citigroup ( C/PN ) $136 million for making "insufficient progress" in fixing data management issues identified in 2020 and required the bank to demonstrate it was putting enough resources toward those efforts.

Citigroup ( C/PN ) did not immediately respond to a Reuters request for comment.