AMLA Compliance: How Crypto Accounting Software Can Help Dutch Firms

The European Anti-Money Laundering Authority (AMLA) has taken a significant step toward direct supervision of select entities. On May 12, 2026, AMLA published its final eligibility reporting package and announced it will request additional data through national supervisors. For Dutch financial firms, this means no separate AMLA template is required. Instead, the questions are integrated into existing questionnaires from the Authority for Financial Markets (AFM). This development has direct implications for firms dealing in crypto assets. Using crypto accounting software can streamline the process of gathering and reporting the required data, ensuring compliance without duplicating effort.

What the AMLA Announcement Means for Crypto Firms

AMLA's approach is to leverage existing supervisory channels. For firms under Dutch supervision, the AFM will incorporate AMLA's data requests into its regular surveys. This means that crypto businesses, including exchanges and custodians, must ensure their transaction monitoring and record-keeping systems can produce the necessary information on demand. The key areas of focus include beneficial ownership, transaction volumes, and risk indicators. Without proper systems, firms may struggle to respond accurately and on time. Crypto bookkeeping software can automate the extraction and formatting of this data, reducing manual errors and saving time.

How Digital Asset Accounting Software Supports AMLA Reporting

AMLA's eligibility reporting package requires detailed information about entities' AML controls. For crypto firms, this includes data on wallet addresses, transaction histories, and customer due diligence. A digital asset accounting software solution can integrate with exchanges and wallets to pull transaction data automatically. It can also tag transactions with risk scores and flag suspicious activity. This creates an audit trail that satisfies both AFM and AMLA requirements. The software can generate reports in the required format, making it easier for compliance officers to submit accurate data.

The Role of a Crypto Accountant in AMLA Compliance

A crypto accountant plays a crucial role in ensuring that a firm's financial records align with AML obligations. They can help set up the chart of accounts to track crypto assets and liabilities, and ensure that transaction data is reconciled with blockchain records. With the right tools, a crypto accountant can also assist in preparing the data for AMLA reporting. The integration of AML checks into accounting workflows is becoming standard practice. Firms that adopt the best crypto accounting software can give their accountants a head start, as these platforms often include built-in compliance features.

Enterprise Crypto Accounting Software for Compliance Teams

For larger firms, enterprise crypto accounting software offers scalability and advanced features. These solutions can handle high transaction volumes, support multiple jurisdictions, and provide role-based access for compliance teams. They also facilitate the creation of a crypto sub-ledger, which records every transaction in detail and links to the general ledger. This sub-ledger is invaluable for AMLA reporting, as it provides a granular view of all crypto activity. When the AFM requests data, firms can quickly generate reports from the sub-ledger without manual intervention.

Illustrative Scenario

To illustrate how this applies in practice, consider the following scenario: A Dutch crypto exchange, CryptoNL, is preparing for AMLA's data request. Their compliance officer, Pieter, uses an enterprise crypto accounting software that integrates with the exchange's trading engine. The software automatically categorizes transactions and calculates risk scores. When the AFM sends its integrated questionnaire, Pieter exports the required data directly from the software. The reports include transaction volumes, customer risk profiles, and suspicious activity flags. CryptoNL submits the data within the deadline, avoiding penalties and demonstrating robust AML controls.

Source: AFM Netherlands