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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
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New York City, USA - October 30, 2017: Wall street, NYSE stock exchange building entrance in NYC Manhattan lower financial district downtown. Credit: Andriy Blokhin/Adobe Stock
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,