Anyone else finding KYC/AML a moving target lately for smaller accounts?

Been trying to onboard a new offshore entity for some structured products I'm looking at, and the goalposts for KYC/AML seem to be shifting with every passing week. What used to be a fairly streamlined process for a mid-tier account, say 500k-1M, is now feeling like I'm trying to get a banking license myself. It's not just the usual proof of funds and beneficial ownership; they're digging into the origin of funds' origin, which is frankly starting to feel a bit much when you're not talking about billions. It makes you wonder if the compliance departments are just bored or if there's genuinely some new regulation I missed that requires a full forensic audit for every new account opening.

And don't even get me started on the PSPs. Had one recently refuse a perfectly legitimate payment because the name on the account didn't exactly match the bank transfer, despite providing all the necessary supporting docs for the variance (a common issue with corporate structures and holding companies). It added nearly a week to a time-sensitive transaction. Are these systems becoming overly automated to the point of being counterproductive, or am I just hitting a string of particularly uncooperative compliance officers? It certainly adds an interesting layer of operational risk to something that should be a simple transaction.