Why new reforms from CSRC could change
| BY
clpstaff &clp articlesNew Guidelines from the China Securities Regulatory Commission include vital reforms that will boost investors by increasing transparency
Top market regulator Guo Shuqing said at a forum in Beijing that his agency will use “rigorous measures” to clamp down on irregular practices, and that this will include amendments to
the laws.
Guo made the comment following the release of Guidelines from the China Securities Regulatory Commission (CSRC) during the May holiday. The reform highlighted information disclosure and pricing control as the main concern as well as removing the lock-up period (the period of time after a company has gone public where company insiders or majority shareholders cannot sell any of their shares).
This premium content is reserved for
China Law & Practice Subscribers.
A Premium Subscription Provides:
- A database of over 3,000 essential documents including key PRC legislation translated into English
- A choice of newsletters to alert you to changes affecting your business including sector specific updates
- Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
Already a subscriber? Log In Now