Do we have to go through KYC only,or AMl is needed too?
Most likely both but only if you are investing more then 7500 AUD.
Yes, that procedure is for higher investors... but I thought KYC is for everyone.
That is, if a large investor breaks up his investment into many parts, then the problems should not arise? For example 7k + 7k + 7k? Or all the same time once one name it will be necessary to pass a full identity audit?
Well since you still have to go through KYC, it will be visible that you invested the same amount as you would in 1 transaction.