News, standards updates and audit guidance for crypto-accounting teams, covering reporting, compliance and regulatory developments.
ECB streamlines IRB model-change approval from October 2026, but faster sign-off depends entirely on credible internal controls and early supervisory engagement
Five on-chain financial crime typologies compliance teams at banks, fintechs, and custodians must embed in their AML/CFT frameworks now
HMRC refreshes VAT Notice 723A: procedural rules for non-UK businesses reclaiming UK VAT, with key deadlines and eligibility conditions accounting firms need to track now
Regulated crypto firms do not need a novel governance model: the three-lines-of-defense framework from traditional finance already meets what regulators expect globally, and firms that ignore it face personal liability.
A five-stage blockchain risk maturity framework helps financial institutions benchmark AML/CFT readiness and build toward strategic digital asset capability
Germany leads EU MiCA CASP authorization with 57 approvals as the July 1 deadline arrives, while five member states have zero licenses and Italy dominates the non-compliant register
The IRS merges the Office of Professional Responsibility and the Return Preparer Office into the new Tax Professional Management Office, effective June 28, over AICPA objections about conflicts of interest and credential confusion.
ESMA confirms existing binary option bans extend to prediction market event contracts, requiring immediate product classification reviews by EU investment firms
The European Commission has published the first CBAM certificate price for Q1 2026, setting a quarterly pricing cadence that firms importing carbon-intensive goods into the EU must track and embed into their compliance and accounting workflows now.
State-level crypto ATM bans accelerate across the US and Canada signals a federal crackdown, raising VASP licensing, AML, and operator liability questions for accounting and compliance teams
MiCA's 18-month transitional period closed on 1 July 2026 with a final wave of CASP authorizations across Italy, France, Spain, and Malta, leaving any unlicensed operator legally required to wind down EU activities immediately.
Bill C-15 creates immediate planning obligations for Canadian accounting firms advising businesses on capital gains, foreign affiliate income, trust reporting, and SR&ED credits
Finansinspektionen expands its 2026 periodic AML/CFT questionnaire to cover company organisation, cross-border service provision, and frozen assets, giving compliance officers and auditors a tighter data-collection brief.
FINMA publishes updated Hamas/PIJ sanctions under SR 946.231.09, requiring Swiss financial intermediaries to freeze assets and report affected relationships to SECO immediately
Sygnum Europe AG receives CASP authorization under MiCAR from the FMA Liechtenstein, signaling active enforcement of the EU crypto-asset licensing regime in the EEA
AFM flags that the revised DMFSD, effective 19 June 2026, imposes mandatory online-interface requirements on crypto-asset service providers and financial firms, banning dark patterns and one-sided steering in digital client journeys
First DORA ICT incident report reveals systemic cross-border exposure and AI-driven cybersecurity risks across EU financial entities
Section 530A Trump accounts create an 18-year recurring advisory revenue stream that most accountants are overlooking
MiCA's 18-month transitional grace period expires 1 July 2026, making CASP authorization the only legal basis to serve EU crypto clients, with concentrated authorizations and strict ongoing obligations now live
EU DG TAXUD confirms Cyprus IIR has qualified status under the Pillar 2 Directive regardless of OECD Central Record listing, with direct implications for MNE filing strategies before the 30 June 2026 deadline.
Operational and compliance impact of Australia's FATF travel rule taking effect 1 July 2026 for exchanges and their accounting advisers
Sygnum Europe AG secures a MiCAR CASP licence from FMA Liechtenstein on 26 June 2026, signalling how regulated crypto firms are anchoring EU market access through EEA jurisdictions
ISSB releases Q2 2026 implementation insights podcast covering practical application of IFRS S1 and S2, including TIG guidance and biogenic emissions discussion, relevant to accounting firms advising on sustainability disclosure
HMRC's TRS risk-of-harm exemption process: what it means for trustees, agents, and compliance teams managing beneficial ownership disclosures
