China Securities Regulatory Commission, The Third Batch of Items in respect of which the Administrative Examination and Approval Requirements are Abolished Notice

Issued: June 22 2004
Effective: May 19 2004

Main contents: The Notice lists a total of 42 items in respect of which the administrative examination and approval requirements are abolished, including:
1. examination and approval of the methods for issue of shares;
2. verification for the qualifications of B-share settlement banks;
3. verification for cancellation of representative offices of foreign securities institutions in China;
4. record filing of the qualifications of independent directors of listed companies;
5. examination and approval of repurchase of shares listed outside China by companies listed outside; and
6. verification for establishment of branches of futures brokerages.
Related legislation: State Council, The Third Batch of Items in Respect of which the Administrative Examination and Approval Requirements are Abolished or Adjusted Decision, May 19 2004