News, standards updates and audit guidance for crypto-accounting teams, covering reporting, compliance and regulatory developments.
AFM's €170k penalty against bunq for delayed fraud-complaint responses signals tightening consumer-protection enforcement that compliance teams at payment service providers and their auditors must take seriously.
AFM and BFT joint inspection finds Dutch audit firms aware of Russia sanctions risk but lacking robust controls, client-screening depth, and fraud-risk disclosures in audit opinions
AFM thematic review finds trading venues have only partial DORA ICT risk framework compliance, with specific gaps in security monitoring, access controls, logging, and group-level policy governance
AFM's thematic review exposes five recurring PEP due-diligence failures at Dutch financial firms, with direct implications for crypto-asset service providers and their compliance frameworks
AFM enforcement action against Euronext Amsterdam for breaching CSDR open-access obligations signals heightened EU market infrastructure scrutiny relevant to firms tracking settlement and clearing compliance
AFM's 2025 SREP market review finds Dutch financial firms have adequate policies on paper but chronic gaps in execution, ICT risk management, and accountability structures, with direct implications for firms using crypto accounting software in regulated environments.
Dutch appellate court upholds AFM disciplinary ruling against external auditor for deficient statutory audits and audit-file manipulation, confirming a three-month register suspension
Four concurrent EU tax enforcement and legislative developments across Luxembourg, Netherlands, Poland, and Sweden create immediate compliance pressure for multinationals and their advisers.
Four CJEU and EU-level tax rulings from late 2022 carry direct compliance implications for accounting firms and CFOs operating across Italy, Portugal, Spain, the Netherlands, and Germany, covering property platform withholding, capital duties, State aid, and energy solidarity contributions.
Two landmark EU court rulings reshape the tax treatment of cross-border banking branches in Portugal and close off a direct challenge to the EU Minimum Tax Directive, with direct implications for multinational structures and tonnage tax planning.
Dutch prosecutors escalate action against crypto exchange Knaken from asset freeze to formal bankruptcy petition, signalling heightened EU enforcement risk for CASPs and their advisers
Dutch regulator AFM finds accountants aware but weak in sanction risk controls, highlighting the need for robust crypto compliance tools.
The AFM's SREP Market Picture 2025 emphasizes that effective control execution, not just policy creation, is critical for crypto firms, and crypto accounting software is key to bridging that gap.
AI-driven attacks reduce response time, making robust crypto accounting software security a necessity for firms.
De AFM boete voor Bunq onderstreept het belang van geautomatiseerde compliance-systemen voor financiële instellingen, relevant voor crypto accounting software.
AFM's PEP client due diligence findings highlight the need for crypto accounting software to automate risk-based approaches and maintain audit trails.
The AFM's successful appeal against an external accountant underscores the importance of rigorous audit standards in crypto engagements.
Dutch firms can leverage crypto accounting software to integrate AMLA reporting into existing AFM questionnaires, reducing compliance burden.
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 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.
