China Securities Regulatory Commission: firmly opposed to politicizing securities regulation, always adhered to the spirit of openness, and was willing to solve relevant problems through regulatory cooperation
2022-03-11
Recently, the securities and Exchange Commission of the United States (SEC) announced that five listed companies in the United States have been identified as "relevant issuers" with delisting risk in accordance with the foreign company Accountability Act. In this regard, the official website of the China Securities Regulatory Commission released a news in the early morning of the 11th. In response to a reporter's question, the CSRC firmly opposed the wrong practice of politicizing securities regulation by some forces. The CSRC has always adhered to the spirit of openness and cooperation and is willing to solve the problem of inspection and investigation of relevant firms by the US regulatory authorities through regulatory cooperation. The CSRC replied that this is a normal step for US regulators to implement the foreign company Accountability Act and relevant implementation rules. A journalist said that the CSRC had previously expressed its attitude on the implementation of the foreign company accountability law for many times. The CSRC respects that overseas regulators strengthen the supervision of relevant accounting firms in order to improve the quality of financial information of listed companies, but firmly opposes the wrong practice of politicizing securities supervision by some forces. The CSRC has always adhered to the spirit of openness and cooperation and is willing to solve the problems of inspection and investigation of relevant firms by the US regulatory authorities through regulatory cooperation, which is also in line with the international practice. Q & A said that recently, the CSRC and the Ministry of finance have continued to carry out communication and dialogue with the American public company accounting supervision board (PCAOB) and made positive progress. "We believe that through joint efforts, the two sides will be able to make cooperative arrangements in line with the legal provisions and regulatory requirements of the two countries as soon as possible, jointly protect the legitimate rights and interests of global investors and promote the healthy and stable development of the markets of the two countries." (Xinhua News Agency)
Edit:He Chuanning Responsible editor:Su Suiyue
Source:Shanghai Securities News
Special statement: if the pictures and texts reproduced or quoted on this site infringe your legitimate rights and interests, please contact this site, and this site will correct and delete them in time. For copyright issues and website cooperation, please contact through outlook new era email:lwxsd@liaowanghn.com