News, standards updates and audit guidance for crypto-accounting teams, covering reporting, compliance and regulatory developments.
The AFM's successful appeal against an external accountant underscores the importance of rigorous audit standards in crypto engagements.
The sentencing of a Singapore accountant for submitting fake documents to IRAS underscores the critical need for crypto accounting firms to implement rigorous compliance and audit software to avoid severe penalties.
The revocation of Bsquared's licence by MAS underscores the critical need for robust crypto accounting software to ensure compliance and avoid enforcement actions.
The AFM's action against Euronext highlights the importance of transparent and non-discriminatory access rules, which indirectly affect crypto trading platforms and their accounting obligations.
Dutch firms can leverage crypto accounting software to integrate AMLA reporting into existing AFM questionnaires, reducing compliance burden.
Dutch AFM's new anti-discrimination guidance for banks has indirect implications for crypto businesses that rely on banking services, highlighting the need for transparent crypto accounting software to facilitate fair risk assessment.
FINMA's updated Taliban sanctions list reinforces the need for automated compliance tools in crypto accounting to screen transactions and counterparties.
