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lol I felt that last part I had a business trying to get an institutional trading account, and all these compliance officers kept the application in limbo for
by yieldcrv 3y ago
lol I felt that last part
I had a business trying to get an institutional trading account, and all these compliance officers kept the application in limbo for a year
finally the exchange’s general counsel or someone maybe even the CFO said I needed to show my company’s AML/KYC policy.
I have my lawyer draft a comprehensive AML/KYC policy.
I told the financial institution that my legal counsel had prepared our "ANTI-MONEY LAUNDERING AND “KNOW YOUR CUSTOMER” PROCEDURES Which should fulfill all of your company’s compliance goals”
And apparently that contained the magic words because they approved the account instantly, after being in account creation limbo for an entire year, they never even asked for or looked at the document