Ruban brings a wealth of experience to this conversation, having built a career focused on advancing internal audit practices within dynamic industries. His insights, drawn from hands-on experience in addressing regulatory frameworks and implementing effective strategies, provided listeners with valuable knowledge about digital assets.
The episode covered a range of significant topics, including:
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Key aspects of auditing cryptocurrency in internal audits, such as verifying digital asset custody and transaction processes and ensuring appropriate governance around cryptocurrency management;
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Best practices for managing cybersecurity risks, including strategies for securing digital assets and preventing vulnerabilities at critical control points;
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Insights into the evolving regulatory landscape, particularly the Markets in Crypto-Assets (MiCA) framework, which aims to establish a standardised approach to regulating digital assets in the EU; and,
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Practical advice for internal auditors on preparing for regulatory compliance and strengthening governance frameworks to meet the demands of this emerging sector.
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Ruban also shared practical steps on how internal auditors can support their organisations in adopting cryptocurrency responsibly while maintaining strong controls. He emphasised the importance of continuous learning and collaboration with subject matter experts to approach this new technology effectively.
Why This Matters
The rise of blockchain and cryptocurrency represents a major shift in the financial landscape, presenting both opportunities and considerations for organisations and internal auditors. Ruban’s participation in this global platform highlights BDO Malta’s commitment to equipping professionals with the knowledge and tools needed to thrive in this fast-developing space.
Listen to the Full Episode
The podcast is available on multiple platforms. Tune in to hear Ruban’s expert insights:
BDO Malta’s Internal Audit Services
At BDO Malta, we are committed to providing tailored internal audit services that meet the needs of businesses navigating complex regulatory and technological environments. Our team of experts, supports organisations in implementing robust governance frameworks, improving risk management processes, and ensuring compliance with evolving regulatory requirements. From traditional audits to emerging fields like blockchain and cryptocurrency, BDO Malta partners with businesses to deliver valuable and forward-looking internal audit services.