News, standards updates and audit guidance for crypto-accounting teams, covering reporting, compliance and regulatory developments.
OFAC adds 130+ ISIS-linked Tron wallets to the SDN list, raising immediate screening and due-diligence obligations for crypto businesses and their advisers.
Coinmetro's reorganization filing, attributed to a legacy third-party provider failure, surfaces concrete third-party dependency and operational resilience risks that EU crypto firms and their auditors must assess now.
Huione Group has become the largest illicit online marketplace ever recorded, with its own unregulated stablecoin USDH designed to evade asset freezes. Accounting firms and compliance teams need to understand the transaction volumes, the USDH exposure risk, and the AML obligations this creates.
OFAC's SDN list now includes identified on-chain addresses, raising the compliance bar for every firm that touches crypto assets
TIGTA finds IRS cannot centrally track all 1,124+ federal tax information data-sharing agreements, raising governance and FTI protection concerns for tax practitioners and compliance teams
CSSF flags hautfortpartners.com as operating without authorisation in Luxembourg, a due-diligence alert for accounting firms and CFOs vetting counterparties
Practical supervisory expectations Malta credit institutions must meet on CFT, CPF and TFS following the MFSA thematic review
CSSF publicly flags alinmcol.com as an unauthorised investment services provider in Luxembourg, a due-diligence red flag for accounting firms and auditors onboarding or reviewing financial-services counterparties.
MFSA 2025 Annual Report signals tighter EU supervisory discipline: what accounting firms and auditors serving Malta-regulated entities need to know
Stablecoin freeze data signals a maturing enforcement infrastructure that accounting firms and auditors must factor into client risk assessments and on-chain asset verification.
CSSF publicly flags tresorwacht.com for fraudulently invoking the names of two Luxembourg-regulated entities, signalling yet another impersonation wave that compliance teams and auditors need to track in their counterparty verification workflows
The FBI's action against Huione Group, the largest illicit crypto marketplace ever recorded, signals a new baseline for AML due diligence and stablecoin transaction screening at regulated firms.
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.
Spain's CNMV has confirmed no grace-period extension for crypto firms not yet MiCA-compliant, raising immediate operational risk for any EU-facing business still in transition
MAS adds Hyperliquid to Singapore's Investor Alert List, flagging it as an unlicensed entity and raising due-diligence obligations for accounting firms and CFOs with client exposure.
MFSA's thematic review on financial crime risks in credit institutions underscores the need for robust compliance systems, including crypto accounting software for firms handling digital assets.
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.
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.
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.
Dutch regulator AFM finds accountants aware but weak in sanction risk controls, highlighting the need for robust crypto compliance tools.
Sanctions screening requires crypto accounting software to track pre- and post-designation exposure for compliance.
AFM's PEP client due diligence findings highlight the need for crypto accounting software to automate risk-based approaches and maintain audit trails.
Dutch firms can leverage crypto accounting software to integrate AMLA reporting into existing AFM questionnaires, reducing compliance burden.
