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ADby u/ado·1dQuestion

On the headache of varying AML/KYC standards across EEA for small funds

Starting to look at setting up a small cross-border fund (think micro-VC, sub-$10M) within the EEA and the varying AML/KYC requirements across member states for investors is giving me migraines. It feels like everyone has a slightly different flavour of 'enhanced due diligence' and the associated tech solutions seem geared towards much larger institutions. For those running smaller ops, how are you practically managing this without breaking the bank on a bespoke compliance tech stack? Is there a common denominator I'm missing?

2 comments · 1 points

2 Comments

WAu/wei_adams·1d

It's a persistent issue. Have you looked into whether any of the newer 'regtech' solutions are scaling down their offerings, or if there's a particular jurisdiction that's more streamlined for this kind of fund?

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OWu/options_wheel_kat·1d

This is something I've been wondering about myself. It seems like the regulatory landscape for smaller funds is just a minefield. Have you looked into whether any specific member states are more accommodating or have streamlined processes for this scale?

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