All posts tagged "FSDC"
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351ChinaSpeculation of Deal on Chinese Audits ‘Premature’, says PCAOB
The 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, 2022 -
488ChinaChinese Policymakers Pledge Measures to Reassure Markets
Vice-Premier Liu He said that the FSDC will propose “strong and effective responsive initiatives” to manage any risks which may endanger the financial system.
March 19, 2022 -
760ChinaChina to Concede to US Regulators on Audit Supervision Issue
Chinese regulators plan to allow some companies to provide some audit information to the PCAOB, and provide additional clarity on what information can and cannot be disclosed overseas.
March 17, 2022 -
680AML / KYCChina Supreme Court Makes Crypto Fundraising a Criminal Offence
Fundraising that exceeds CNY 50 million, or losses involving at CNY 25 million or 5,000 people, could result in more than 10 years in prison.
March 2, 2022 -
623FeatureHKEX Finalises Framework for SPAC Listings in Hong Kong
The new framework takes effect on 1 January. A SPAC’s securities must be distributed to at least 20 institutional professional investors, down from 30 proposed during consultation.
December 20, 2021 -
305Hong KongHK FSDC Proposes Measures to Advance Biotech Hub Ambitions
The FSDC says allowing SPACs to list in Hong Kong will help to bolster the city's status as a fundraising hub for the healthcare and biotech sectors.
November 18, 2021 -
264FeatureHong Kong FSDC Declares Support for Proposed SPAC Regime
The FSDC says requiring SPAC shares and warrants to be distributed to at least 75 professional investors could present an "unnecessarily high threshold".
November 3, 2021 -
550ChinaChina Regulators Dispatch Lawyers, Advisers to Assess Evergrande
Chinese authorities may be preparing for a major restructuring of Evergrande's debt, as protesting investors demand repayment on overdue wealth management products.
September 17, 2021 -
589Hong KongHong Kong Needs New Cybersecurity Legislation: FSDC
The FSDC recommends the development of legislation to provide legal certainty and protection, clarity on cross-border data transfers, and a framework for accountability.
June 16, 2021 -
699FeatureHK Regulators Ask Bankers to Explain Reasons for Departing City
Executives who have relocated to Singapore or Tokyo have reportedly received phone calls from Hong Kong government agencies and regulators seeking explanations for the decisions.
January 28, 2021
