It feels like the onboarding process, specifically KYB, has become significantly more intrusive and time-consuming with a few prop firms I've engaged with recently. Are others experiencing similar delays or increased requests for documentation, or is it just the firms I've chosen?
Definitely not just you. The regulatory environment is tightening, and prop firms are simply passing that burden down. It's a pain, but understandable.
I've definitely noticed a similar trend, especially with firms that operate internationally. It seems like the regulatory environment is tightening, leading to more stringent requirements across the board, not just with your specific choices.
I've definitely noticed a similar trend, especially with firms that operate in multiple jurisdictions. It seems like the regulatory landscape is getting tighter, leading to more thorough checks.
I've noticed it too, especially with firms based in stricter regulatory environments. Seems like the bar for compliance is being raised across the board.