Total 20 Posts
A Republican Senator is pressing the Biden administration in relation to a cooperation agreement on financial audits signed by Chinese and American regulators. Political pressure of this sort could make it more difficult to have a functioning regulatory cooperation agreement.
On August 26, Chinese and U.S. regulators announced that they signed an agreement on audit supervision cooperation. Officials on both sides made public comments offering their perspective on what was in the deal. Whether the deal will avert the delisting of over 200 Chinese companies on U.S. stock
China's Ministry of Finance (MOF) has imposed its first cross-border penalty for financial fraud on Malaysian listed company Lambo Group Berhad's subsidiary in China.
The U.S. Securities and Exchange Commission recently added another 12 companies to its list of companies that fail to comply with U.S. auditing requirements and are therefore subject to possible delisting.
During a recent meeting on the digital economy at the Chinese People's Political Consultative Conference (CPPCC), Chinese Vice Premier Liu He said the government will support the development of the digital economy and the listing of tech companies both domestically and abroad. Other members of the CPPCC also offered opinions
China's securities regulator is currently soliciting public comments on a recently issued draft of measures on cybersecurity issues in the securities and futures sector. The comments are due by May 29.