Anyone else finding the varied and increasingly stringent KYC requirements across different LatAm jurisdictions to be a significant drag on processing times for new EM equity allocations? It feels like every quarter brings a new layer of bureaucracy, impacting efficient capital deployment.
Absolutely, it's not just the new layers but also the lack of standardization across countries that really creates bottlenecks. It often feels like you're starting from scratch with each new allocation, even within the same region.
Absolutely, the fragmentation makes it incredibly difficult. Have you found any particular jurisdictions or local partners that seem to navigate these waters more efficiently than others, or is it universally challenging?
It's not just LatAm; the global trend is towards tighter KYC/AML everywhere, especially for anything involving cross-border capital. Are you seeing specific new requirements in certain countries, or just a general tightening across the board?
I've definitely noticed the same, especially when trying to diversify across a few different countries. Is there a particular jurisdiction that's been the most challenging for you lately?