China Securities Regulatory Commission, The Second Batch of Items in Respect of which the Administrative Examination and Approval Requirements are Abolished and Change of the Management of Certain Items Requiring Administrative Examination and Approval Notice

中国证券监督管理委员会关于取消第二批行政审批项目及改变部分行政审批项目管理方式的通告

March 31, 2003 | BY

clpstaff &clp articles

Simplification of procedures in various areas, such as establishment of new securities companies, futures investment companies.

Clp Reference: 3700/03.04.01 Promulgated: 2003-04-01

Issued: April 1 2003

Main contents: The Notice contains a list of examination and approval procedures to be abolished, including suspension or resumption of trading of listed securities by stock exchanges, launch of and acceptance check of new securities companies, permission for change, increase, or decrease of representatives, deputy representatives, and foreign, Hong Kong and Macao personnel of representative offices of foreign securities institutions in China, establishment of futures investment consultancies, as well as review of legal opinions issued by Chinese lawyers on overseas issue and listing of shares by overseas companies with interests in mainland China.
Related legislation: State Council, The Second Batch of Items in Respect of which the Administrative Examination and Approval Requirements are Abolished and Change of the Management of Certain Items Requiring Administrative Examination and Approval Decision, 2003

clp reference:3700/03.04.01promulgated:2003-04-01

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