News, standards updates and audit guidance for crypto-accounting teams, covering reporting, compliance and regulatory developments.
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.
Dutch appellate court upholds AFM disciplinary ruling against external auditor for deficient statutory audits and audit-file manipulation, confirming a three-month register suspension
Dutch prosecutors escalate action against crypto exchange Knaken from asset freeze to formal bankruptcy petition, signalling heightened EU enforcement risk for CASPs and their advisers
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.
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.
The AFM's successful appeal against an external accountant underscores the importance of rigorous audit standards in crypto engagements.
