China’s securities regulator has proposed changes to key rules on Chinese companies listed abroad in a move that could ease a long-standing auditing dispute with the United States. In revised draft rules released on Saturday, the China Securities Regulatory Commission (CSRC) withdrew a requirement that only Chinese regulators conduct on-site audit inspections of Chinese companies listed overseas. The changes were made to “accommodate the new circumstances and developments concerning overseas…
Source: SCMP
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China to bring down audit barrier in long-running US listing row
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