The KYC/AML headaches for cross-border EM plays are getting ridiculous.

Anyone else feeling the pinch from the constantly evolving KYC/AML landscape, particularly when dealing with EM jurisdictions? It feels like every quarter brings new reporting requirements or subtle shifts in what constitutes an 'AML red flag,' especially with some of the more opaque capital controls. What's your firm's strategy for staying compliant without completely bogging down the onboarding process for new clients or even new counterparties in these markets? We're finding it a real drain on resources, and honestly, it's making some perfectly legitimate deals unnecessarily complicated.