Anyone else tracking the ripple effects of increased regulatory scrutiny on energy trading platforms?
Been seeing more chatter around KYC/AML requirements tightening up for entities dealing in physical and derivative energy products. Curious if anyone's had to adjust their operational flows significantly to accommodate these changes, especially with cross-border transactions involving, say, crude oil futures like $WTI.
It's definitely affecting deal flow, particularly smaller players who don't have the compliance infrastructure. We've seen a noticeable slowdown in new cross-border counterparties coming online for derivatives.