Regulators are discussing the logistical and operational details for a new mechanism that will enable the PCAOB to visit China for audit inspections.
May 4, 2022CSRC vice chair Fang Xinhai said he is "very hopeful" that an agreement can be reached with US regulators in the "near future".
April 26, 2022The draft amendments will allow US regulators to inspect the audit working papers of Chinese companies listed in the US.
April 5, 2022The CSRC was responding to a question about comments from SEC chair Gary Gensler which appeared to cast doubt that a deal on audit supervision was imminent.
April 4, 2022The PCAOB said it is unclear whether full access to relevant audit documentation will be granted, and that any agreement would only be a “first step”.
March 28, 2022US-listed companies including Baidu, JD.com and Alibaba have reportedly been asked by Chinese regulators to prepare audit documents for US regulators.
March 24, 2022CSRC director-general Shen Bing said authorities are "working very hard" to prevent Chinese companies being delisted from US exchanges.
November 28, 2021China Citic Bank and a Baidu unit are among the latest to be fined. The SAMR's anti-monopoly bureau has been elevated to a separate state-level bureau.
November 25, 2021About half China's major Internet platforms have implemented plans to restructure their financial businesses. More progress is expected by year-end.
November 3, 2021Thirteen tech firms including Tencent, ByteDance and Baidu’s fintech arm are directed to correct regulatory violations in their financial services businesses.
May 2, 2021