COREDO – EU Legal & Compliance Services Expert legal consulting, financial licensing (EMI, PSP, CASP under MiCA), and AML/CFT compliance across the European Union. Headquartered in Prague, we provide seamless regulatory solutions in Germany, Poland, Lithuania, and all 27 EU member states.
A whole range of legislative acts adopted in recent years have compelled Chinese banks to be stricter in terms of opening bank accounts, regardless of whether the company is local or foreign. Chinese banks are now monitoring bank accounts, implementing inactive account testing, monitoring capital movements, analyzing transaction timing and tracking suspicious activity in accordance with adopted regulations. All these measures are aimed at preventing illegal activities and ensuring the complete safety of deposits.
