Fined €3,000 for not declaring British savings bonds

I have a bank bond and a Treasury bond in the UK. The capital held in each has been declared for ISF wealth tax and interest has been declared as revenue. However, the local tax office says that because I did not declare the bonds as bank accounts on the 3916, it is imposing an annual penalty of €1,500 on each bond. Is this correct?

These investments would be considered by the French tax authorities to be similar to assurance vie (AV) policies.

There is a specific box on the tax declaration form in which to declare AVs ...

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