News, standards updates and audit guidance for crypto-accounting teams, covering reporting, compliance and regulatory developments.
FMA Liechtenstein issues a formal dismissal notice against CI Fund Services AG, a signal for fund administrators and their auditors to revisit licence-status verification procedures
The FMA Liechtenstein has formally dismissed CI Fund Services AG, signalling active supervisory enforcement that Luxembourg-focused accounting firms and fund administrators must track for counterparty and licensing risk management.
Ripple's preliminary MiCA approval in Luxembourg signals a maturing regulatory environment for crypto firms in the EU, with implications for compliance and accounting standards.
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.