Let's be clear: KYC is not what it originally meant. 20 years ago it meant an in depth understanding of your clients' needs so could sell them appropriate services. It now has NOTHING to do with knowing them and everything to do with grabbing as much of their private data as you can get away with on the pretence of protecting them from crime.
We have somehow moved into a world where being innocent of any wrongdoing is not enough. Failure to prove continually that you are not a criminal is itself now a crime.