In recent times, public regulatory bodies throughout the Western world have grown increasingly agitated by the emergence of a parallel financial system slipping from their grasp. Often, regulatory efforts revolve around enforcing serious-sounding acronyms like 'FATF Guidelines' or 'KYC/AML requirements'.
Regulatory capture and unintended consequences
Regulatory capture and unintended…
Regulatory capture and unintended consequences
In recent times, public regulatory bodies throughout the Western world have grown increasingly agitated by the emergence of a parallel financial system slipping from their grasp. Often, regulatory efforts revolve around enforcing serious-sounding acronyms like 'FATF Guidelines' or 'KYC/AML requirements'.