KYC/KYB for Institutional DeFi Operations: A Moving Target?

We've been grappling with the applicability and practical implementation of traditional KYC/KYB frameworks to institutional-grade DeFi plays, particularly concerning liquidity pools and lending protocols. The 'decentralized' aspect inherently creates an interesting tension with centralized compliance requirements. Are others finding it increasingly difficult to adapt existing AML policies, or are you seeing new, more tailored solutions emerge specifically for tracking beneficial ownership and transaction monitoring within these permissioned or semi-permissioned DeFi environments?