News, standards updates and audit guidance for crypto-accounting teams, covering reporting, compliance and regulatory developments.
The EBA's early consultation on simplified EU wallet rules signals a shift toward lighter regulation for certain crypto wallets, which will affect how accounting firms advise clients on compliance and reporting.
The EBA's discussion paper on a Pillar 3 data hub for SMA will increase reporting requirements for banks with crypto exposures, making crypto accounting software essential for automated compliance.
The T+1 settlement mandate affects crypto accounting software requirements for reconciliation and reporting.