Category: Compliance
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[ISCA] Crypto-Asset Reporting Framework (CARF)
![[ISCA] Crypto-Asset Reporting Framework (CARF)](https://web3accountant.online/wp-content/uploads/2024/09/下载-2.png)
The Crypto-Asset Reporting Framework (CARF) is a key component of the International Standards for Automatic Exchange of Information in Tax Matters developed by OECD (Organisation for Economic Co-operation and Development) under a G20 mandate. It provides for the automatic exchange of tax-relevant information on crypto-assets and comes against the backdrop of the rapid adoption of the use… Read more
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[Global Fintech INSTITUTE] Major Regulatory Challenges for the DigitalAssets Industry in the Asia-Pacific Region
![[Global Fintech INSTITUTE] Major Regulatory Challenges for the DigitalAssets Industry in the Asia-Pacific Region](https://web3accountant.online/wp-content/uploads/2024/11/下载-3.png)
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[GLI] Blockchain & Cryptocurrency Regulation-United Kingdom
![[GLI] Blockchain & Cryptocurrency Regulation-United Kingdom](https://web3accountant.online/wp-content/uploads/2024/11/下载.png)
The regulation of cryptoassets in the UK has developed alongside the evolution of the technology itself. In 2018, the Cryptoassets Taskforce brought together HM Treasury (HMT), the Financial Conduct Authority (the FCA) and the Bank of England (the BoE) to coordinate the UK’s approach to regulating cryptoassets and distributed ledger technology (DLT) as it relates… Read more
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[International Monetary Fund] Implications of Central Bank Digital Currency for Monetary Operations
![[International Monetary Fund] Implications of Central Bank Digital Currency for Monetary Operations](https://web3accountant.online/wp-content/uploads/2024/10/下载-2-2.png)
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[ICAEW] CONSIDERATIONS FOR AUDITING CRYPTOCURRENCIES
![[ICAEW] CONSIDERATIONS FOR AUDITING CRYPTOCURRENCIES](https://web3accountant.online/wp-content/uploads/2024/10/images1.jpg)
Reporting virtual asset transactions entails the following procedures: Companies that keep cryptocurrencies on behalf of others, as well as their own, need to have in place processes and controls to: Auditors obtain an understanding of management’s process for pricing cryptocurrencies to evaluate whether accounting and disclosure requirements are ‘appropriate and consistent with the applicable financial… Read more
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[MAS etc.] INTER-MINISTERIAL COMMITTEE ON ANTI-MONEY LAUNDERING
![[MAS etc.] INTER-MINISTERIAL COMMITTEE ON ANTI-MONEY LAUNDERING](https://web3accountant.online/wp-content/uploads/2024/08/mas_logo_corporate-branding_square_01.jpg)
The IMC is strengthening the three key pillars of Singapore’s AML framework: Prevent, Detect, Enforce. PROACTIVE PREVENTION Strengthen AML standards for gatekeepers Further support gatekeepers to enhance capabilities to combat money laundering Engage non-regulated sectors to enhance their understanding of ML risks Strengthen mechanisms to deter misuse of companies TIMELY DETECTION Strengthen sensemaking and information-sharing… Read more
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[DFSA] Regulation of Crypto Tokens
![[DFSA] Regulation of Crypto Tokens](https://web3accountant.online/wp-content/uploads/2024/10/下载-3.png)
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[pwc] QFC Digital Asset Regulations 2024
![[pwc] QFC Digital Asset Regulations 2024](https://web3accountant.online/wp-content/uploads/2024/10/下载.png)
The Qatar Financial Centre (QFC) has introduced new regulations for digital assets, effective from September 1, 2024. These regulations aim to establish a comprehensive framework for token-based activities within the QFC. QFC has defined a broad scope for the new regulations, focusing on permitted tokens and token services providers: QFC has defined clear rules for… Read more
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[Failsafe X LDU] The Guide To BLOCKCHAIN SECURITY AND COMPLIANCE
![[Failsafe X LDU] The Guide To BLOCKCHAIN SECURITY AND COMPLIANCE](https://web3accountant.online/wp-content/uploads/2024/09/下载-3.png)
Key MAS Requirements for SPIL/MPIL Licensees: 1. Technology Risk Management 2. Critical System Identification and Data Protection 3. Cyber Hygiene and IT Security 4. Incident Response and Reporting Practical Steps and Best Practices: 1. Developing a Technology Risk Management Strategy 2. Cybersecurity Best Practices for Digital Asset Companies 3. Preparing for MAS Audits and Inspections… Read more
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[Law Commission] Digital assets as personal property: Supplemental report and draft Bill
![[Law Commission] Digital assets as personal property: Supplemental report and draft Bill](https://web3accountant.online/wp-content/uploads/2024/09/下载1-1.jpg)
Digital assets are increasingly important in modern society. They are used for an expanding variety of purposes — including as valuable things in themselves, as a means of payment, or to represent or be linked to other things or rights — and in growing volumes. Electronic signatures, cryptography, smart contracts, distributed ledgers and associated technology… Read more