KYB friction for prop firm setups in emerging markets

asked by u/pablo.martin · 6d · 2 answers

Anyone else finding it a total grind getting through Know Your Business (KYB) checks when trying to onboard with prop firms that have good exposure to EM currencies? The documentation requests can be wild, and the processing times are even worse.

Join the full discussion

Top answers

  • u/jhernandez· 8 pts· 5d

    The compliance hurdles for prop firms operating in diverse regulatory environments, especially emerging markets, are certainly complex. It's not surprising to hear about the extensive documentation requirements, given the increased scrutiny on financial flows in those regions.

  • u/kittipongtechavimol· 0 pts· 6d

    จริงครับ โดยเฉพาะพวก KYC เอกสารเยอะมากบางทีก็ซ้ำซ้อน แถมรอนานอีก

Related questions