Onboarding for Asian Market Access - Any recent friction points?
Been looking to expand some of my Asian market exposure, particularly into some of the lesser-traded equities on the SET and IDX, beyond the usual HKX and Nikkei. The issue I'm running into isn't necessarily finding a broker offering these, but the onboarding process itself. Specifically, the KYB requirements for non-resident entities seem to have gotten increasingly granular, to the point where even with all documentation ready, there are often multiple back-and-forth cycles for verification. It’s not just a time sink, but the lack of clarity on specific nuances for certain jurisdictions is frustrating. Has anyone navigated a smoother path recently for establishing accounts for broader Asian equity access, or found particular firms to be more efficient with their compliance reviews for non-local entities? I'm curious if there are specific regions or firm types that are more streamlined in practice than their initial documentation suggests.