News, standards updates and audit guidance for crypto-accounting teams, covering reporting, compliance and regulatory developments.
The EBA's Crypto Assets Markets Data II procurement signals increased regulatory focus on market data, which may affect how crypto accounting software firms source and verify transaction data for compliance.
The EBA's proposed simplifications to the EU bank capital framework create both challenges and opportunities for firms holding crypto assets, highlighting the need for robust crypto accounting software.
The AFM's implementation review of the EU AI Act introduces new requirements for crypto firms using AI, directly affecting crypto accounting software and compliance workflows.
The EBA's early consultation on simplified EU wallet rules signals a shift toward lighter regulation for certain crypto wallets, which will affect how accounting firms advise clients on compliance and reporting.
The EBA's discussion paper on a Pillar 3 data hub for SMA will increase reporting requirements for banks with crypto exposures, making crypto accounting software essential for automated compliance.
The T+1 settlement mandate affects crypto accounting software requirements for reconciliation and reporting.
