News, standards updates and audit guidance for crypto-accounting teams, covering reporting, compliance and regulatory developments.
Senator Gillibrand's proposed bill to ban elected officials from issuing meme coins raises immediate questions for accounting firms and CFOs tracking US crypto regulatory risk and structuring client disclosures.
FINMA endorses the Federal Council's Banking Act revision, pushing for full adoption of preventive supervisory powers and an end to double leverage at systemically important banks
AFM finds the Dutch AI Act implementation law workable in principle but flags gaps in supervisory task allocation, capacity, and data-sharing that financial firms must track now
The GENIUS Act is law but the US crypto market structure bill has missed its self-imposed July 4 deadline, leaving stablecoin accounting frameworks and digital asset reporting obligations without a complete regulatory foundation.
The accountability-control gap in AI-driven compliance: why CCOs and MLROs face governance exposure before regulators catch up
Six EU finance ministers launch a coordinated push for a digital euro and sovereign European payment infrastructure, with direct implications for firms managing cross-border digital asset accounting and compliance.
Senator Gillibrand's proposed ethics restriction barring elected officials from issuing digital assets signals tightening governance standards that accounting firms and CFOs must track for compliance and client advisory work.
Outgoing IASB Chair warns that over-automating accounting work risks eroding the professional judgment on which high-quality financial reporting depends, with direct implications for how firms train and supervise junior staff.
IAASB and IESBA launch a joint User Advisory Group, giving financial statement users a formal seat at the global standard-setting table for the first time
IESBA adds a single overarching firm culture and governance requirement to the global ethics Code, with practical implementation guidance to follow outside the Code itself
IVSC proposes IVS 107 Quality Controls as a new General Standard in its IVS Exposure Draft, targeting stronger governance and transparency in private credit valuations ahead of a January 2028 effective date.
A key law enforcement bloc has dropped its opposition to the CLARITY Act, narrowing one political obstacle to US crypto market structure legislation with direct implications for DeFi liability and AML compliance frameworks.
The Investment Association's inaugural tokenized-funds practice note reframes how fund accountants, auditors, and CFOs must think about NAV calculation, reconciliation workflows, and embedded AML/KYC compliance under a DLT model.
ASIC convenes its first capital markets modernisation roundtable, signalling that DLT, tokenised assets, and AI-driven trading are now regulatory priorities for Australian financial services firms and their advisers
MFSA opens consultation on transposing EU AML Directive 2025/1 into Maltese law, with direct implications for CASPs, accountants, and compliance teams operating in or passporting into Malta
FINMA's AMLO-FINMA consultation introduces stricter beneficial ownership, embargo, and correspondent banking rules that Swiss financial intermediaries and their advisers must map against current compliance programmes before the 9 June 2026 deadline.
The European Commission's June 2026 Tax Omnibus rewrites core EU direct-tax directives, removing holding requirements, tightening anti-abuse rules, and aligning CFC and Pillar Two treatment. Accounting firms and CFOs serving EU multinationals need to map the changes now.
DAC9 formalises the GloBE Information Return in EU law, creating a central filing option and mandatory information exchange that MNE groups and their advisers must plan around now
RBI revives banking isolation strategy for crypto, signalling renewed containment risk for firms with Indian banking exposure or cross-border settlement arrangements
The CLARITY Act faces a narrow July window in the Senate, with unresolved DeFi provisions, ethics concerns, and a presidential veto threat creating real planning uncertainty for firms with US crypto exposure.
Galaxy Digital's downgrade of CLARITY Act passage odds to 50% signals real legislative risk for US digital asset market structure, with Senate floor time the critical bottleneck
HM Treasury's updated National Payments Vision mandates tokenization and digital money interoperability in UK retail payment infrastructure, with direct compliance implications for stablecoin issuers, custodians, and payment firms.
The SEC's 60-day public comment period on novel ETF structures signals potential registration and compliance rule changes that accounting firms and fund auditors must monitor closely.
The Bank of Korea's Project Hangang unified ledger paper omits privacy governance entirely, a gap that should concern compliance leads and central bank watchers ahead of Phase II trials.
