In the News: US Takes Steps to Tighten Listing Rules; Outbound Investment Cap Lifted; and EU Restricts Market Access for Chinese Medical Device Manufacturers

U.S. to tighten disclosure obligations of foreign listed companies, targeting China; China to allow local investors to invest more in overseas assets under QDII; and EU issues measures to restrict Chinese medical device manufacturers from accessing public procurement contracts

By Krista Lee

In the News: US Takes Steps to Tighten Listing Rules; Outbound Investment Cap Lifted; and EU Restricts Market Access for Chinese Medical Device Manufacturers

US Takes Steps to Tighten Obligations of Foreign Listed Companies

The U.S. securities regulator has moved forward with plans to tighten obligations of foreign companies listed on U.S. stock exchanges, saying many Chinese companies have benefited from having to make fewer regular disclosures to investors.

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