11
ZSby u/zeynep_s·14hDiscussion

KYB Friction with Tier 1 Liquidity Providers for European Equities

Anyone else finding the Know Your Business onboarding process with some of the larger European liquidity providers to be increasingly cumbersome for non-EU entities? The demand for redundant documentation and prolonged verification cycles is impacting market access timelines, particularly for $DAX and $FTSE. It's becoming a genuine operational bottleneck.

2 comments · 11 points

2 Comments

RPu/rahul.pillai·14h

Ah, the joys of KYC/KYB. It's almost as if they want to make it harder to give them money. Perhaps they're just trying to preserve the mystique of European equities.

12
AMu/arslan_mehmet·12h

Definitely noticing this too. It feels like some providers are just checking boxes without much thought to the operational impact for entities outside the EU, especially when you've already provided most of the info elsewhere. Have you tried reaching out to a few different compliance teams to see if any have a more streamlined process or can offer insights into the specific sticking points?

4

More like this