News, standards updates and audit guidance for crypto-accounting teams, covering reporting, compliance and regulatory developments.
The AFM's updated DMFSD rules require crypto firms to ensure fair online client journeys; crypto accounting software can help demonstrate compliance.
AFM report highlights that while accountants are aware of sanctions risks, their control systems need improvement, with implications for crypto accounting firms.
Dutch regulator AFM finds accountants aware but weak in sanction risk controls, highlighting the need for robust crypto compliance tools.
The revised EU Consumer Credit Directive (CCDII) expands licensing requirements to BNPL and other crypto-related credit products; firms need robust crypto accounting software to manage compliance.
CCDII expands licensing to BNPL and crypto credit products; crypto accounting software is essential for tracking and reporting under the new rules.
The AFM's SREP Market Picture 2025 emphasizes that effective control execution, not just policy creation, is critical for crypto firms, and crypto accounting software is key to bridging that gap.
The AFM's interpretation of Wta articles 16 and 16b reinforces that accountants must maintain central positions and decisive influence, which affects how accounting firms, including those offering crypto accounting services, structure governance and investor relationships.
The AFM's implementation review of the EU AI Act introduces new requirements for crypto firms using AI, directly affecting crypto accounting software and compliance workflows.
AI-driven attacks reduce response time, making robust crypto accounting software security a necessity for firms.
De AFM boete voor Bunq onderstreept het belang van geautomatiseerde compliance-systemen voor financiële instellingen, relevant voor crypto accounting software.
AFM's PEP client due diligence findings highlight the need for crypto accounting software to automate risk-based approaches and maintain audit trails.
The AFM's successful appeal against an external accountant underscores the importance of rigorous audit standards in crypto engagements.
AFM's new guidance on automatic rebalancing and risk reduction in execution-only investing will require crypto firms to update their accounting and compliance processes, driving demand for robust crypto accounting software.
The T+1 settlement mandate affects crypto accounting software requirements for reconciliation and reporting.
The AFM's action against Euronext highlights the importance of transparent and non-discriminatory access rules, which indirectly affect crypto trading platforms and their accounting obligations.
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.
The AFM DSI convenant on professional competence for investment professionals in the Netherlands underscores the need for robust compliance tools, including crypto accounting software, to demonstrate adherence to European regulations.
A practical guide for Dutch accounting firms and auditors on the accounting standards, regulatory requirements, and software capabilities needed to audit client crypto holdings compliantly under NL GAAP and EU frameworks.
