News, standards updates and audit guidance for crypto-accounting teams, covering reporting, compliance and regulatory developments.
DOJ crypto enforcement pullback and CZ pardon: accounting and AML implications for US firms and CFOs
ASIC's AUD 1M+ penalty on NAB's WealthHub for reporting failures is a live warning for every financial services firm on the cost of deficient compliance infrastructure
UK fraud review recommends mandatory judicial training on crypto laundering and AI scams, raising compliance and evidence standards for accounting firms advising clients in dispute or investigation
A federal court's Daubert ruling validating blockchain analytics as admissible expert evidence raises the bar for forensic-grade data standards that accounting firms and CFOs must understand.
DOJ moving to drop charges against BitClub's alleged $722M mastermind raises serious questions about US crypto enforcement consistency, audit trails, and client-facing compliance obligations for accounting firms and CFOs.
FINMA's new Guidance on product use in individual portfolio management flags rising escalation cases and recurring risk patterns, with direct implications for Swiss asset managers, auditors, and CFOs tracking governance and conduct obligations.
CFTC charges North Carolina commodity pool operator with $14M crypto and futures fraud, signalling tougher scrutiny of unregistered pools mixing digital assets with traditional derivatives.
ASIC's prosecution of a Brisbane CPA and SMSF auditor for alleged misappropriation of nearly $5 million signals serious professional-conduct and fiduciary risk for accounting firms managing client funds and superannuation accounts
ASIC secures $925,000 in Federal Court penalties against RM Capital and SMSF Club for conflicted remuneration breaches, with compliance reporting orders and a pending appeal, signalling heightened oversight risk for AFS licensees and their authorised representatives.
ASIC's escalating prosecution of a former AFS licensee director signals rising regulatory risk for firms that lack defensible client records and compliant digital asset accounting systems
FINMA's enforcement action against Wendelspiess Partners AG exposes systematic conduct failures, undisclosed conflicts of interest, and suitability breaches affecting over 400 clients, with CHF 83m in assets now facing total loss.
Norway's tax authority recorded a sharp rise in criminal convictions and sentence severity in 2025, signalling a materially higher enforcement risk for firms and advisers operating in the Norwegian market.
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.
Dutch appellate court upholds AFM disciplinary ruling against external auditor for deficient statutory audits and audit-file manipulation, confirming a three-month register suspension
ESMA's €2.145M fine against Moody's Germany signals that reporting data quality and internal controls are live enforcement targets for all CRA-regulated entities in the EU.
ASIC's $20.5M penalty proceeding against ASX over misleading CHESS replacement disclosures signals heightened scrutiny of DLT project governance and market announcements for listed entities and their advisers.
The AMF's €1.2m spoofing sanctions against a German derivatives firm have survived every appeal stage, including the Cour de cassation, confirming cross-border jurisdiction over Eurex-listed futures linked to French sovereign bonds.
The AMF sanctions commission issued a formal warning to a French asset manager and its president for multiple professional obligation failures, later reinforced on appeal by the Conseil d'État in 2023, with non-anonymous publication ordered for three years.
The AMF Sanctions Commission fined an unnamed investment services provider EUR 220,000 for five professional obligation failures covering order record-keeping, best-execution policy, and client incident disclosure, covering conduct between 2014 and 2016.
ASIC's wind-up action against 12 companies for unlicensed financial services and four years of missed audited financial statements is a sharp reminder that audit lodgement failures and unlicensed advice carry existential regulatory risk in Australia.
ASIC charges a permanently disqualified SMSF auditor who continued signing off on 56 entities and fabricated 47 audit reports, exposing the compliance risk for accounting firms relying on third-party auditors
ASIC's $20.5M Federal Court penalty against ASX for misleading CHESS replacement disclosures sets a precedent for market operator disclosure standards and signals heightened regulatory scrutiny of technology project updates in Australia.
ASIC's rolling Federal Court enforcement against Australian Fiduciaries and 30+ related entities signals serious risks for accounting firms and auditors serving SMSF clients exposed to complex managed investment scheme structures
ASIC's escalating enforcement action against Melbourne adviser Ferras Merhi, covering asset freezes, travel restraints, winding-up orders and the conduct allegations that accounting firms and compliance officers need to track
