News, standards updates and audit guidance for crypto-accounting teams, covering reporting, compliance and regulatory developments.
The European Commission's proposed Omnibus Directive and DAC Recast will reshape cross-border tax compliance obligations for EU-operating firms, with unanimous member-state approval still required.
The European Commission's June 2026 Tax Omnibus rewrites core EU direct-tax directives, removing holding requirements, tightening anti-abuse rules, and aligning CFC and Pillar Two treatment. Accounting firms and CFOs serving EU multinationals need to map the changes now.
DAC9 formalises the GloBE Information Return in EU law, creating a central filing option and mandatory information exchange that MNE groups and their advisers must plan around now
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.
