KYC Implications for Small-Scale LNG Trading

Been thinking about the increased fragmentation in LNG markets, especially with smaller, regional players emerging. It seems like the traditional KYC/AML frameworks, often designed for larger, established entities and state-owned enterprises, might not be as agile or appropriate for these new entrants. Does anyone here have experience navigating the KYC landscape for these smaller, more nimble operations? Specifically, what are the common pitfalls or red flags financial institutions are increasingly looking for when these newer, often private, trading houses are involved? It feels like there's a compliance gap that needs addressing as the market evolves.