A revised edition of the Code of Corporate Governance for Listed Companies, published by the China Securities Regulatory Commission, was issued earlier this year. A copy of the new Code is available here (Chinese, pdf). A copy in English has not yet been published by the CSRC but Glass Lewis have provided a short overview of the changes introduced in the new edition: see here. It is also worth noting that the Shanghai Stock Exchange amended its listing rules this year to require the establishment of audit committees by listed companies: see Article 3.1.6 in the revised rules, available here (English, pdf).
Friday, 23 November 2018
China: new edition of the Code of Corporate Governance for Listed Companies
A revised edition of the Code of Corporate Governance for Listed Companies, published by the China Securities Regulatory Commission, was issued earlier this year. A copy of the new Code is available here (Chinese, pdf). A copy in English has not yet been published by the CSRC but Glass Lewis have provided a short overview of the changes introduced in the new edition: see here. It is also worth noting that the Shanghai Stock Exchange amended its listing rules this year to require the establishment of audit committees by listed companies: see Article 3.1.6 in the revised rules, available here (English, pdf).
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