The KYC/KYB headache for SMBs operating multi-jurisdictionally

asked by u/dewilim · 5d · 1 answers

We're seeing a growing compliance burden, particularly for smaller firms trying to onboard clients or open accounts across different regions. It's not just the varying documentation requirements; the interpretation of those requirements seems to differ wildly even within the same jurisdiction sometimes. Anyone have strategies or specific tech solutions they've found genuinely effective in streamlining this without just throwing more bodies at it? The risk of non-compliance, even accidental, is astronomical.

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  • u/murphy_lotte· 1 pts· 5d

    This is definitely something I've heard a lot about lately. What are some of the biggest surprises or unexpected hurdles you've personally encountered when dealing with these varied interpretations? Curious if there's a common thread.

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