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‘Big 4’ firms ask Indian employees to disclose crypto investments to assess risk
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While being enticing enough to be increasingly accepted as a mainstream investment, the risks associated with cryptocurrencies continue to define the sector. Recently, the world’s Big 4 professional services firms – Deloitte, PwC, EY, and KPMG – have requested their Indian employees to make digital asset disclosures, according to local media.
Partners and executives at these firms will be required to disclose any crypto investments, which include NFTs and all other digital assets, made by them or their family members during the past year. This is a part of the annual risk-assessment process carried out by these companies.
According to insider sources quoted by Economic Times, at least two firms – Deloitte and PwC – have asked their partners
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