News, standards updates and audit guidance for crypto-accounting teams, covering reporting, compliance and regulatory developments.
OFAC sanctions highlight the need for crypto accounting software with built-in sanctions screening and compliance reporting for accounting firms servicing crypto clients.
MFSA guidance on terrorist financing risks reinforces the need for accurate crypto financial statements and compliance with accounting standards like FASB crypto fair value and IFRS crypto assets.
A clone firm warning from the MFSA underscores why accounting firms need robust crypto accounting software to verify counterparties and maintain compliance.
ATO's glossary update reinforces the convergence of crypto accounting standards globally, affecting firms that advise clients on IFRS crypto assets.
The MFSA warning about an OKX clone underscores the importance of MiCA compliance crypto requirements for firms to verify authorized entities and avoid fraud.
Malta's MFSA highlights the need for robust AML controls in credit institutions handling crypto, linking to accurate crypto financial statements and fair value reporting.
MFSA survey on retail crypto attitudes highlights need for accounting firms to align IFRS crypto asset reporting with investor sentiment and regulatory frameworks like DAC8 and CARF.
EBA's ESG disclosure update creates new data requirements for crypto assets held by banks, driving need for integrated crypto accounting software.
SEBI's relaxation of PAIA certification for non-core services reduces barriers for crypto advisory, but robust compliance via crypto accounting software remains essential.
FATF's June 2026 increased monitoring list creates new compliance obligations for crypto firms, making crypto accounting software essential for tracking transactions and reporting to authorities.
ACCA highlights how DAC8 reporting is a new revenue stream for accounting firms, alongside evolving crypto US GAAP and IFRS standards.
The AFM's updated DMFSD rules require crypto firms to ensure fair online client journeys; crypto accounting software can help demonstrate compliance.
Luxembourg fund managers must notify the CSSF before providing ancillary services to third parties, impacting compliance workflows and the need for robust crypto fund accounting software.
The revised EU Consumer Credit Directive (CCDII) expands licensing requirements to BNPL and other crypto-related credit products; firms need robust crypto accounting software to manage compliance.
Dutch regulator AFM finds accountants aware but weak in sanction risk controls, highlighting the need for robust crypto compliance tools.
The EBA's report on simplifying stacking orders in the EU prudential framework may impact how crypto firms calculate capital requirements, making crypto accounting software essential for compliance.
Brazil's rising crypto crime rates underscore the need for robust crypto accounting software to ensure compliance and audit readiness.
The advisory panel's recommendations signal a shift toward technology-driven tax administration, which will impact how accounting firms handle crypto compliance.
AFM report highlights that while accountants are aware of sanctions risks, their control systems need improvement, with implications for crypto accounting firms.
CCDII expands licensing to BNPL and crypto credit products; crypto accounting software is essential for tracking and reporting under the new rules.
The EBA's annual assessment of banks' crypto exposure underscores the urgency for financial institutions to adopt dedicated crypto accounting software for accurate reporting and compliance.
CSSF identity theft warning highlights the need for robust internal controls and crypto fund accounting software to prevent fraud.
Brazil's crypto crime evolution underscores the need for robust crypto accounting software to detect illicit activity and maintain audit readiness.
Brazil's rising crypto crime highlights the need for robust crypto accounting software to ensure compliance and audit readiness.
