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I assume in any cases like that banks are dropping customers because of regulatory risk (KYC or whatever), so there's not much of an alternative? "We are playi
by advisedwang 4y ago
I assume in any cases like that banks are dropping customers because of regulatory risk (KYC or whatever), so there's not much of an alternative?
"We are playing fast and loose with regulation" is not reassuring to most people that are looking for safe and secure finance (ie "don't fuck with my money")
- wmf 4y agoRegulatory risk is a spectrum and banks can definitely decide where they want to be on that spectrum.