News, standards updates and audit guidance for crypto-accounting teams, covering reporting, compliance and regulatory developments.
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'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 regulator AFM finds accountants aware but weak in sanction risk controls, highlighting the need for robust crypto compliance tools.
AFM's PEP client due diligence findings highlight the need for crypto accounting software to automate risk-based approaches and maintain audit trails.
Dutch firms can leverage crypto accounting software to integrate AMLA reporting into existing AFM questionnaires, reducing compliance burden.
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.
