this post was submitted on 22 Sep 2026
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Didnt a bunch of these rules come in world wide due to the Panama Papers leak? you hear almost nothing about it but a whole bunch of laws about KYC came in from the panama papers investigation, its one of the reasons why trusts got a big nerf.
there is a whole bunch to dig into but this look like a good start https://en.wikipedia.org/wiki/Panama_Papers
It was around the same time. I'm not sure if there was a causal relationship.