The Russian Laundromat
How was over $20 billion laundered out of Russia over the course of four years? Read the full story of the Russian Laundromat.
While KYC is usually discussed in terms of the information individuals must provide to onboarding institutions, the Corporate KYC procedures tend to be more detailed, complicated, and by extension costly. Here we discuss the challenges of Corporate KYC and the solutions that are becoming available to overcome them.