New York (CNN Business) Goldman Sachs is taking the expression "everyone makes mistakes" to an entirely new level.

Goldman Sachs GS A UK regulator finedon Thursday for making 220.2 million transaction reporting errors between November 2007 and March 2017.

The Financial Conduct Authority fined Goldman Sachs £34 million ($45 million), for "failing to provide accurate and timely reporting" to authorities.

"These were serious and prolonged failures," Mark Steward, executive director of enforcement and market oversight at the FCA, said in a statement.

The UK fines come as Goldman Sachs is mired in an unrelated corruption scandal in Malaysia that has tarnished the Wall Street firm's reputation and resulted in charges against a former partner.