Following inspections that began last October, financial regulators and state owned institutions have been directed to rectify problems identified.
March 5, 2022The CSRC has reportedly given Morgan Stanley 30 days to provide details about its role in a US investigation into its block trading practices.
March 1, 2022Passing a proficiency test is no longer a prerequisite qualification for personnel with certain work experience, and educational requirements have been scrapped.
February 23, 2022The new rules were meant to take effect on 1 March, but implementation has been suspended "due to technical reasons".
February 22, 2022Audit firms can inquire with FIs about the accounts and deposits of entities and individuals under audit. FIs are required to provide assistance.
February 17, 2022Companies listed in the UK, Switzerland and Germany and "potentially other major markets in Europe" will be able to apply to issue CDRs in China.
February 15, 2022The plan envisions the development of a financial standard system that is in line with international standards and driven by market forces, led by the government.
February 10, 2022Sponsors and securities service institutions have professional responsibilities to ensure the contents of prospectuses do not contain false or misleading information.
February 10, 2022The rules will reduce regulatory uncertainty but they may present challenges for some firms and intermediaries while raising the cost of compliance, say Daniel Tang and Joyce He.
February 9, 2022Administrative penalties or criminal judgments will no longer be preconditions for courts to accept civil compensation cases involving securities fraud.
February 6, 2022