88 articles
FINMA's new Guidance on product use in individual portfolio management flags rising escalation cases and recurring risk patterns, with direct implications for Swiss asset managers, auditors, and CFOs tracking governance and conduct obligations.
CFTC charges North Carolina commodity pool operator with $14M crypto and futures fraud, signalling tougher scrutiny of unregistered pools mixing digital assets with traditional derivatives.
ASIC's prosecution of a Brisbane CPA and SMSF auditor for alleged misappropriation of nearly $5 million signals serious professional-conduct and fiduciary risk for accounting firms managing client funds and superannuation accounts
ASIC secures $925,000 in Federal Court penalties against RM Capital and SMSF Club for conflicted remuneration breaches, with compliance reporting orders and a pending appeal, signalling heightened oversight risk for AFS licensees and their authorised representatives.
ASIC's escalating prosecution of a former AFS licensee director signals rising regulatory risk for firms that lack defensible client records and compliant digital asset accounting systems
FINMA's enforcement action against Wendelspiess Partners AG exposes systematic conduct failures, undisclosed conflicts of interest, and suitability breaches affecting over 400 clients, with CHF 83m in assets now facing total loss.
Norway's tax authority recorded a sharp rise in criminal convictions and sentence severity in 2025, signalling a materially higher enforcement risk for firms and advisers operating in the Norwegian market.
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
ESMA's €2.145M fine against Moody's Germany signals that reporting data quality and internal controls are live enforcement targets for all CRA-regulated entities in the EU.
ASIC's $20.5M penalty proceeding against ASX over misleading CHESS replacement disclosures signals heightened scrutiny of DLT project governance and market announcements for listed entities and their advisers.
The AMF's €1.2m spoofing sanctions against a German derivatives firm have survived every appeal stage, including the Cour de cassation, confirming cross-border jurisdiction over Eurex-listed futures linked to French sovereign bonds.
The AMF sanctions commission issued a formal warning to a French asset manager and its president for multiple professional obligation failures, later reinforced on appeal by the Conseil d'État in 2023, with non-anonymous publication ordered for three years.
The AMF Sanctions Commission fined an unnamed investment services provider EUR 220,000 for five professional obligation failures covering order record-keeping, best-execution policy, and client incident disclosure, covering conduct between 2014 and 2016.
ASIC's wind-up action against 12 companies for unlicensed financial services and four years of missed audited financial statements is a sharp reminder that audit lodgement failures and unlicensed advice carry existential regulatory risk in Australia.
ASIC charges a permanently disqualified SMSF auditor who continued signing off on 56 entities and fabricated 47 audit reports, exposing the compliance risk for accounting firms relying on third-party auditors
ASIC's $20.5M Federal Court penalty against ASX for misleading CHESS replacement disclosures sets a precedent for market operator disclosure standards and signals heightened regulatory scrutiny of technology project updates in Australia.
ASIC's rolling Federal Court enforcement against Australian Fiduciaries and 30+ related entities signals serious risks for accounting firms and auditors serving SMSF clients exposed to complex managed investment scheme structures
ASIC's escalating enforcement action against Melbourne adviser Ferras Merhi, covering asset freezes, travel restraints, winding-up orders and the conduct allegations that accounting firms and compliance officers need to track
ASIC's successful continuous disclosure action against Rex Airlines signals tightened accountability for listed entity boards and raises record-keeping questions relevant to firms advising ASX-listed clients.
ASIC's escalating Federal Court action against Ferras Merhi signals heightened regulatory scrutiny of superannuation advice models, conflicted remuneration, and AFSL oversight failures across Australian financial services firms.
ASIC's cancellation of Capital Guard's AFS licence over a fake Macquarie bond scheme signals heightened scrutiny of fixed-income investment fraud and raises immediate compliance questions for accounting firms and auditors serving retail financial services clients.
ASIC's rolling Federal Court orders against a former fund director illustrate how regulators use asset freezes and travel restraints as live enforcement tools, with direct implications for how accounting firms and auditors assess going-concern risk and document AML exposure in Australian fund structures.
ASIC's criminal prosecution of BBY's former Executive Chairman for alleged client money misuse signals continued regulatory pressure on Australian financial services firms and their senior officers.
MFSA imposes €2,400 penalty on a Company Service Provider for missing the 2022 Annual Compliance Return deadline, signaling active enforcement of filing obligations in Malta.
MFSA imposes a €2,400 penalty on a company service provider for missing the 2022 Annual Compliance Return deadline, a live reminder that regulatory filing obligations carry real financial consequences
DOJ guilty plea in the Goliath Ventures $400M crypto Ponzi highlights fraud-indicator recognition, investor-loss accounting, and bank AML exposure for practitioners advising affected clients or reviewing similar structures
Simultaneous £150M UK derivative lawsuit and MiCA EU exit create compounding compliance and counterparty risk signals for firms with Binance exposure
A GBP 150 million UK class action against Binance over unregulated retail derivatives sales signals escalating litigation risk for crypto platforms and the compliance gaps that enable it
Norway's tax authority criminally charges deduction fraud facilitators after 5,000+ targeted audits uncover NOK 1.9 billion in false claims, with crypto deductions explicitly in scope
The AMF Enforcement Commission sanctioned seven individuals and entities for coordinated market manipulation on Euronext Access; the Paris Court of Appeal upheld the decision against one respondent in June 2026, confirming the regulatory and appellate exposure for firms operating in French equity markets.
Coinmetro's Estonian insolvency filing shows how unresolved third-party provider failures and MiCA deadline pressure can combine to force a reorganisation, with direct lessons for accounting firms auditing EU-licensed CASPs.
ASIC's Federal Court-ordered receiver appointment over Cotton and First Mutual exposes asset-tracing and investor-fund-protection obligations for accounting firms and auditors advising clients in similar structures
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
ASIC's $10.3M penalty against Mercer Super for systemic failures in the reportable situations regime signals escalating enforcement expectations for all Australian financial services licensees
AMF sanctions Bourse Direct and its CEO for transaction reporting failures and inadequate market abuse surveillance, totalling €850,000, with direct lessons for investment services compliance programmes across the EU
FINMA revokes a Swiss fund manager's licence and blocks a portfolio manager's authorisation after uncovering undisclosed conflicts of interest and client suitability failures, confiscating over CHF 3 million in illegal commissions
CSSF warning highlights the need for proper due diligence and reliable crypto accounting software to vet counterparties.
CSSF warning highlights need for due diligence when selecting crypto accounting software vendors.
The JaredfromSubway hack highlights the need for robust ethereum accounting and defi accounting practices to detect and report suspicious MEV activities.
The Kraen-Powertrade lawsuit highlights the critical need for robust crypto fund accounting software to prevent misappropriation claims and ensure audit readiness.
The Coinex sanctions allegations highlight the critical need for robust crypto accounting for accountants to ensure compliance with international sanctions.
The MFSA warning highlights the importance of using crypto accounting software to verify counterparty licenses and avoid unregulated entities.
The Supreme Court ruling on IRS time limits for preparer fraud increases compliance risk for crypto accounting firms, making robust crypto accounting software essential for audit trails and accuracy.
OFAC sanctions highlight the need for crypto accounting software with built-in sanctions screening and compliance reporting for accounting firms servicing crypto clients.
A clone firm warning from the MFSA underscores why accounting firms need robust crypto accounting software to verify counterparties and maintain compliance.
The MFSA warning about an OKX clone underscores the importance of MiCA compliance crypto requirements for firms to verify authorized entities and avoid fraud.
SEBI's relaxation of PAIA certification for non-core services reduces barriers for crypto advisory, but robust compliance via crypto accounting software remains essential.
CSSF identity theft warning highlights the need for robust internal controls and crypto fund accounting software to prevent fraud.
Brazil's crypto crime evolution underscores the need for robust crypto accounting software to detect illicit activity and maintain audit readiness.
Brazil's rising crypto crime highlights the need for robust crypto accounting software to ensure compliance and audit readiness.
Brazil's rising crypto crime rates underscore the need for robust crypto accounting software to ensure compliance and audit readiness.
The EBA's annual assessment of banks' crypto exposure underscores the urgency for financial institutions to adopt dedicated crypto accounting software for accurate reporting and compliance.
CSSF warning on MEXC underscores the need for robust crypto accounting software to ensure compliance and audit readiness.
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.
Approval phishing is a growing threat that crypto accounting software can help detect through anomaly tracking and reconciliation.
FINMA updated sanctions list requires crypto firms to adjust compliance screening; crypto accounting software must integrate real-time sanctions checks.
How blockchain analysis tools and crypto accounting software enable law enforcement to trace and recover stolen digital assets in cross-border fraud cases.
Switzerland's updated Russia sanctions require crypto firms to enhance compliance; crypto accounting software automates screening and reporting.
OFAC sanctions on crypto addresses create compliance obligations that crypto accounting software can address through screening and reporting.
Poor IRS phone service highlights the need for accurate crypto accounting software to minimize taxpayer errors and inquiries.
IRS staffing changes may increase audit scrutiny on crypto, making robust crypto accounting software essential for compliance.
EBA's final Q&As on obstacle assessment under MiCA create new compliance obligations for crypto asset service providers, requiring robust crypto accounting software for reporting.
The AudiA6 takedown underscores the need for robust crypto accounting software to detect suspicious transactions and ensure compliance.
IRS hiring events after staff cuts signal increased enforcement, making crypto accounting software essential for firms to manage client compliance.
The IRS merger of tax practitioner offices signals increased scrutiny, making crypto accounting software essential for compliance.
AI-driven attacks reduce response time, making robust crypto accounting software security a necessity for firms.
The Chainalysis-KNPA MoU highlights growing global enforcement of crypto crimes, underscoring the need for accounting firms to adopt robust crypto accounting software for audit trails and compliance.
De AFM boete voor Bunq onderstreept het belang van geautomatiseerde compliance-systemen voor financiële instellingen, relevant voor crypto accounting software.
FINMA's updated Sudan sanctions increase compliance obligations for crypto firms; crypto accounting software is essential for automated screening and audit trails.
SEC's fireside chat signals a shift towards rebuilding trust and improving usability in crypto regulation, impacting how firms use crypto accounting software for compliance.
Regulators and auditors are increasingly requiring independent reconciliation of crypto transactions, and firms need crypto audit software to meet these demands.
FINMA's new guidance on portfolio management risks underscores the need for robust crypto sub-ledger software to ensure accurate reporting and compliance.
FINMA enforcement action underscores the need for robust crypto accounting software to ensure compliance and avoid industry bans.
The arrest of four individuals in Poland for SIM swap attacks on crypto exchanges highlights the need for accounting firms to implement robust security measures and leverage crypto accounting software to detect suspicious activity.
Sanctions on Russia create urgent need for crypto accounting software that can screen transactions and ensure compliance.
Thailand's arrest warrant highlights the need for robust crypto accounting software to track energy costs and prevent fraud in mining operations.
The CFTC investigation into Polymarket underscores the need for robust crypto accounting software to ensure accurate trade reporting and compliance.
The surge in IRS fast track dispute settlement program usage underscores the need for crypto accounting software to maintain accurate records and reduce audit risks.
The Coinex Iran case highlights the need for robust crypto accounting software to detect and report sanctions violations.
The penalty on Bithumb underscores the critical role of crypto accounting software in meeting regulatory information requests and avoiding fines.
The CFTC investigation into Polymarket underscores the need for robust crypto accounting software to ensure compliance and audit readiness.
The Meta IRS dispute underscores the importance of accurate crypto accounting software for tax compliance and audit readiness.
The AFM's successful appeal against an external accountant underscores the importance of rigorous audit standards in crypto engagements.
ACCA's partnership in Uzbekistan signals growing global demand for robust crypto accounting software and compliance tools for accounting firms.
The sentencing of a Singapore accountant for submitting fake documents to IRAS underscores the critical need for crypto accounting firms to implement rigorous compliance and audit software to avoid severe penalties.
The revocation of Bsquared's licence by MAS underscores the critical need for robust crypto accounting software to ensure compliance and avoid enforcement actions.
FINMA's updated Taliban sanctions list reinforces the need for automated compliance tools in crypto accounting to screen transactions and counterparties.
