CHINA SECURITIES REGULATORY COMMISSION

Securities / Derivatives

SSE Consults on Market Making Rules for STAR Market

By Darien Choong | 17/05/2022

The consultation comes as the CSRC releases final regulations on the introduction of a market-making mechanism for the STAR Market.

Securities / Derivatives

China Launches New Practice Guidelines for Securities Industry

By Editors | 13/05/2022

A new database will be established to maintain records on China’s 360,000 brokers. The process for Hong Kong and Taiwan licensees to practice in the mainland is simplified.

Market Infrastructure

US-China Talks on Audit Cooperation in ‘Late Stage’ – Reports

By Darien Choong | 08/05/2022

The talks are described as “late stage” due to concessions made by the CSRC. The SEC has added over 80 more companies to a list of Chinese firms that could be delisted in New York.

Securities / Derivatives

China Announces Planned Measures to Boost Capital Market

By Darien Choong | 08/05/2022

The CSRC and stock exchanges will support fundraising by SMEs and real estate firms, and encourage listed companies, their shareholders, and institutional investors to buy more stock.

Securities / Derivatives

CSRC Set Out Regulatory Obligations of Delisted Companies

By Darien Choong | 05/05/2022

Companies must comply with disclosure and governance requirements after delisting to protect investors rights and safeguard social stability.

Securities / Derivatives

China, US Discuss Logistics of Cross-border Audit Inspections

By Editors | 03/05/2022

Regulators are discussing the logistical and operational details for a new mechanism that will enable the PCAOB to visit China for audit inspections.

ESG / Sustainability

CSRC Launches Campaign to Expand Public Funds Market

By Manesh Samtani | 03/05/2022

Banks, insurers, brokers and foreign FIs are urged to establish licensed fund management companies. Fund investment channels will be expanded and operational rules relaxed.

AML / KYC

Chinese Regulators Consider Options to Guard Against Sanctions

By Editors | 02/05/2022

Officials from the PBOC, MOF and CSRC reportedly met with foreign and domestic banks to discuss ways to protect China’s foreign assets from possible future US sanctions.

Market Infrastructure

CSRC Proposes to Tighten Rules on Cybersecurity Management

By Editors | 30/04/2022

Securities and futures firms will have to establish risk monitoring and early warning systems, and strengthen daily vulnerability scanning and security assessments.