Thoughts on the impact of evolving global AML regs on cross-border commodity financing?

asked by u/marcus_fx · 6d · 2 answers

Been looking at how the increasing focus on beneficial ownership and source of funds is impacting our ability to structure deals in certain jurisdictions. It feels like the goalposts are constantly shifting, particularly with the varied interpretations of AMLD6 across different EU members and how that cascades down to their banking sectors. Are others seeing increased friction or delays in getting trade finance cleared for what would have been routine commodity shipments a couple of years ago due to heightened due diligence requirements? Specifically, thinking about metals from certain African nations.

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  • u/jakubkovalenko· 1 pts· 6d

    We're definitely seeing similar issues, especially with correspondent banking relationships tightening due to de-risking. The increased due diligence requests are significantly elongating transaction timelines, making it harder to seize time-sensitive commodity opportunities. Are you finding specific regions more challenging than others?

  • u/fx_quant_lee· 0 pts· 6d

    The 'goalposts shifting' observation resonates. We're seeing similar headaches, particularly with correspondent banking relationships getting tighter as institutions try to de-risk. It's making the simpler cross-border deals more cumbersome than they ought to be.

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