Q17. How do cross-border payment regulations differ from domestic rules—and why are they harder to manage?

Cross-border rules involve multiple regulators, stricter AML/CFT requirements, geopolitical overlays, and shorter enforcement timelines—often with rules that directly conflict across jurisdictions. The governing principle is to implement the toughest applicable standard globally and handle jurisdictional variations at the margin. Firms that attempt to optimise for each jurisdiction independently create fragmented compliance postures that are expensive to maintain and easy to violate.