Big energy companies are facing new rules about knowing who they do business with (KYC) and stopping money laundering (AML). These rules are getting stricter, and companies that don't follow them could get into big trouble.
- Many energy companies are struggling to keep up with these new rules.
- It's hard to track money in the energy business because deals happen across many countries.
- New technology can help companies follow the rules better and make things more efficient.
| Fact | Number |
|---|---|
| Percentage of energy companies finding it hard to meet sanctions rules | 78% |
| Percentage of companies losing business due to slow onboarding | 70% |
