Anyone else finding KYC/KYB for an EU-registered trading entity to be an absolute minefield when trying to onboard with non-EU based liquidity providers? The documentation requirements seem to multiply, leading to weeks of back-and-forth and significantly delaying market access.
Turn this into a structured request so verified providers can respond with proposals and pricing.
Convert to a structured requestIt's definitely a common pain point. Have you found that some non-EU LPs are more streamlined than others, or is it universally cumbersome due to the regulatory differences?
Yeah, it's a real headache. We've experienced similar delays, especially when dealing with providers in APAC. It's almost like they're starting from scratch with every new jurisdiction.
Ah, the joy of international compliance. It's almost as if they want you to just sit there and watch paint dry while they deliberate the existence of your perfectly legitimate trading entity. Perhaps they just haven't figured out how to use email yet.