CHINA SECURITIES REGULATORY COMMISSION

China Tightens Scrutiny of Foreign Consulting and Audit Firms

By Editors | 10/05/2023

Capvision is accused of stealing state secrets, foreign auditors are under increased scrutiny, and Chinese data providers are blocking overseas access to their databases.

Securities / Derivatives

China Outlines Plan for Shifting Enterprise Bond Oversight to CSRC

By Editors | 30/04/2023

Enterprise bonds, mainly issued by large state-owned enterprises, have to date been subject to oversight and supervision by the NDRC.

Market Infrastructure

CSRC Consults on Draft Rules for Hosted Facilities for Trading

By Editors | 27/04/2023

Securities and futures exchanges must ensure fairness and reasonableness in terms of latency, resource allocation and guarantees, and service agreements, among other areas.

Enforcement

CSRC Investigating GF Securities for Underwriting Failures

By Editors | 21/04/2023

The investigation is related to a 2018 share issuance for which Hong Kong-listed GF Securities served as an underwriter.

Market Infrastructure

CFETS Invites Foreign Investors to Apply for Membership

By Editors | 20/04/2023

Foreign institutional and central bank-like investors investing in China’s bond market can apply to become CFETS members and participate in the FX market.

Securities / Derivatives

Two More Chinese Firms List GDRs in Switzerland

By Editors | 19/04/2023

The listings come despite last month’s reports that Chinese regulators had stopped accepting applications from mainland firms seeking to issue GDRs in Switzerland.

Securities / Derivatives

CSRC Issues Draft Rules for Futures Market Practitioners

By Editors | 18/04/2023

The draft rules cancel qualification management requirements, strengthen supervision and self-discipline requirements, and expand the range of prohibited behaviours.

Securities / Derivatives

CFFEX Set to Launch 30 Year Treasury Bond Futures

By Editors | 16/04/2023

CFFEX already offers futures trading in 2-year, 5-year, and 10-year treasury bond futures. The 30-year contract will start trading on Friday (21 April).

Securities / Derivatives

CSRC Consults on Rules to Enhance Independent Director System

By Editors | 16/04/2023

A qualification system, code of professional ethics, and information database for independent directors of listed companies will be established.