Tag: csrc

The US and China have agreed to allow the US accounting watchdog to access audit papers of US-listed Chinese firms alleged of fraud. A handful of the major accounting firms were holding off supplying the information for fear of breaking Chinese law.

China’s forex regulator issued a new guideline on January 28 simplifying the repatriation of IPO proceeds raised by China Inc abroad. Jerry Zhang (pictured) of Cadwalader, Wickersham & Taft explains how Circular 7 works.