News, standards updates and audit guidance for crypto-accounting teams, covering reporting, compliance and regulatory developments.
MFSA settles with Everest Network Ltd for VFA shareholding and reporting failures, imposing a €40,560 penalty — a concrete compliance benchmark for crypto accounting and legal teams across the EU.
ESMA's common supervisory action on CASP custody resilience raises the compliance bar well beyond MiCA licensing for EU crypto firms and their auditors
Binance's failed MiCA application in Greece and its active pursuit of fresh EU and Asia-Pacific licenses signals a regulatory inflection point that accounting firms, auditors, and CFOs serving crypto-active clients must track closely.
Belgium's FSMA names six unauthorized CASPs just after the MiCA transitional deadline, signalling that enforcement is live and that accounting firms and CFOs with EU crypto-exposed clients must verify CASP authorization status immediately.
Revolut's USDT delisting under its CySEC-issued MiCA CASP licence signals a firm compliance inflection point for accounting firms and CFOs managing stablecoin exposures in EU and UK portfolios
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 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.
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.
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.
ESMA signals that prediction market event contracts are already caught by existing EU retail prohibitions, creating urgent product classification and compliance obligations for CASPs and their auditors.
MFSA imposes a €2,400 penalty on a company service provider for missing the 2022 Annual Compliance Return deadline, a live reminder that regulatory filing obligations carry real financial consequences
MiCA's transition window has closed but uneven NCА enforcement capacity across EU member states creates immediate compliance and audit risk for CASPs and their advisers
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.
ECB intensifies scrutiny of IFRS 9 provisioning, forbearance practices, and leveraged lending at supervised banks, with direct implications for how accounting teams and auditors support credit risk governance.
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.
AML and compliance obligations triggered by the Huione Guarantee marketplace processing over $11 billion in USDT, with implications for transaction screening, SAR filing, and sanctions exposure at regulated firms globally
How mixers and privacy wallets undermine crypto compliance screening, and what accounting firms and auditors must do to manage the exposure
Cross-chain bridges enable large-scale crypto laundering beyond current AML controls, creating urgent compliance exposure for firms handling digital assets
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.
Simultaneous £150M UK derivative lawsuit and MiCA EU exit create compounding compliance and counterparty risk signals for firms with Binance exposure
