All posts tagged "PCAOB"
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171ChinaPCAOB Adopts Rule on Delisting ‘Non-compliant’ Chinese Firms
The new rule could result in mass delistings of Chinese companies from the US market in 2024 unless the PCAOB is granted access to inspect Chinese audits.
September 29, 2021 -
313Australia & NZPCAOB Fines KPMG Australia Over Training-related Misconduct
Cheating in online training tests was found to be widespread within the audit practice. KPMG Australia sanctioned 1,131 individuals.
September 16, 2021 -
182ChinaCSRC to Promote China-US Cooperation on Audit Supervision
The CSRC said it will create conditions to promote China-US cooperation on audit supervision, strengthen market communication, and stabilise policy expectations.
August 24, 2021 -
254ChinaUS SEC to Require New Disclosures from Chinese Issuers
Chinese issuers with VIE structures will have to "prominently and clearly" disclose that they face uncertainty about future actions by the Chinese government.
July 31, 2021 -
120ChinaCSRC Approves China Telecom Shanghai IPO Following US Ban
China's flow of IPOs to the US is expected to ease, with companies instead choosing to list in Shanghai, Shenzhen, or Hong Kong.
July 29, 2021 -
258ChinaPCAOB Proposes Framework for HFCAA Determinations
The PCAOB will use the proposed framework to determine when it is unable to carry out inspections of overseas audit firms of US-listed companies.
May 17, 2021 -
855AML / KYCChina Issues New Rules to Protect from Foreign Sanctions
Global businesses that comply with sanctions deemed illegal by MOFCOM can be sued for compensation in Chinese courts.
January 11, 2021 -
315ChinaBill to Block Chinese Listings on US Markets Passes Congress
Once the President signs the bill into law, Chinese companies would be blocked from listing in the US if they don't submit to PCAOB audits.
December 3, 2020 -
452ChinaCSRC Seeks ‘Meaningful Dialogue’ with PCAOB on Audit Issues
"We believe that with openness and professionalism, the two sides will certainly reach a consensus on a joint inspection scheme," the CSRC said.
November 24, 2020 -
699China
US SEC to Propose Rules for Chinese Delistings Next Month
SEC officials have been working on the rules since August, when a presidential working group proposed enhanced listing standards to ensure access to Chinese audit work papers.
November 19, 2020
