News, standards updates and audit guidance for crypto-accounting teams, covering reporting, compliance and regulatory developments.
The FBI's action against Huione Group, the largest illicit crypto marketplace ever recorded, signals a new baseline for AML due diligence and stablecoin transaction screening at regulated firms.
FMA Liechtenstein issues a formal dismissal notice against CI Fund Services AG, a signal for fund administrators and their auditors to revisit licence-status verification procedures
The FMA Liechtenstein has formally dismissed CI Fund Services AG, signalling active supervisory enforcement that Luxembourg-focused accounting firms and fund administrators must track for counterparty and licensing risk management.
Spain's CNMV has confirmed no grace-period extension for crypto firms not yet MiCA-compliant, raising immediate operational risk for any EU-facing business still in transition
MAS adds Hyperliquid to Singapore's Investor Alert List, flagging it as an unlicensed entity and raising due-diligence obligations for accounting firms and CFOs with client exposure.
MFSA's thematic review on financial crime risks in credit institutions underscores the need for robust compliance systems, including crypto accounting software for firms handling digital assets.
MFSA guidance on terrorist financing risks reinforces the need for accurate crypto financial statements and compliance with accounting standards like FASB crypto fair value and IFRS crypto assets.
Malta's MFSA highlights the need for robust AML controls in credit institutions handling crypto, linking to accurate crypto financial statements and fair value reporting.
FATF's June 2026 increased monitoring list creates new compliance obligations for crypto firms, making crypto accounting software essential for tracking transactions and reporting to authorities.
Dutch regulator AFM finds accountants aware but weak in sanction risk controls, highlighting the need for robust crypto compliance tools.
Sanctions screening requires crypto accounting software to track pre- and post-designation exposure for compliance.
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.
