CHINA SECURITIES REGULATORY COMMISSION

    Enforcement

    CSRC Strengthens Industry Controls to Prevent Insider Trading

    By Editors | 13/02/2021

    Listed companies are required to establish a system for the registration and management of individuals who possess inside information.

    AML / KYC

    CSRC Targets ‘Shadow Shareholders’ in New Guidelines

    By Editors | 12/02/2021

    A 36 month lock up period is being introduced for investors who purchase shares in companies within 12 months before their IPO applications.

    ESG / Sustainability

    CSRC Proposes Enhanced Investor Relations Management Rules

    By Editors | 10/02/2021

    The guidelines emphasise four principles of investor relationship management, and include an obligation for listed companies to disclose ESG information to investors.

    Market Infrastructure

    CSRC Approves Merger of Shenzhen’s Main and SME Boards

    By Editors | 07/02/2021

    The move will simplify the structure of the Shenzhen bourse and help it to better meet the financing needs of enterprises at different stages of development.

    AML / KYC

    Greater Bay Regulators Sign MoU on Wealth Management Connect

    By Manesh Samtani | 07/02/2021

    The regulators agree to issue guidance to banks on product due diligence, investor protection, AML/CFT requirements and personal data protection, among other areas.

    Market Infrastructure

    UPDATED – HKEX to Acquire Stake in Guangzhou Futures Exchange

    By Editors | 07/02/2021

    The move, being the first-ever equity investment in a mainland futures exchange by a non-mainland investor, will help HKEX promote green and low-carbon markets across the region.

    Securities / Derivatives

    CSRC, Exchanges Issue Final Rules for Index Funds

    By Editors | 01/02/2021

    The rules seek to strengthen the professional competence of index fund managers, enhance the quality of underlying indexes used, and improve risk control.

    Securities / Derivatives

    CSRC Approves Establishment of Guangzhou Futures Exchange

    By Editors | 24/01/2021

    The new exchange is part of a policy blueprint released by mainland authorities last year to facilitate the development of the Greater Bay Area.

    Enforcement

    CSRC Revises Rules for Banning Access to Securities Market

    By Editors | 24/01/2021

    The draft rules will allow regulators to restrict an individual or entity from trading in all securities and securities investment funds nationwide for up to 5 years.

    Enforcement

    NAFMII Punishes Bond Underwriters Over SOE Default

    By Editors | 21/01/2021

    The three banks failed to conduct proper due diligence and verify cash that appeared to be abnormally restricted when underwriting Yongcheng Coal’s bonds.

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