Listed firms must disclose foreign holdings

February 09, 2009 | BY

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Information on foreign assets and liabilities to be included in annual reports

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All mainland-listed companies must now disclose details of foreign assets and liabilities in their 2008 annual reports.

The China Securities Regulatory Commission (CSRC) recently published a notice on its website detailing the new disclosure requirements, which take effect immediately. The Notice of the CSRC [2008] No.48 was issued on December 26 2008 and describes the new requirements in detail.