China Securities Regulatory Commission, The Third Batch of Items in respect of which the Administrative Examination and Approval Requirements are Abolished Notice

中国证券监督管理委员会关于取消第三批行政审批项目的通告

July 02, 2004 | BY

clpstaff &clp articles

Further implements the abolition of certain CSRC administrative examination and approval requirements.

Clp Reference: 3700/04.06.22 Promulgated: 2004-06-22 Effective: 2004-05-19

Issued: June 22 2004
Effective: May 19 2004

Main contents: The Notice lists a total of 42 items in respect of which the administrative examination and approval requirements are abolished, including:
1. examination and approval of the methods for issue of shares;
2. verification for the qualifications of B-share settlement banks;
3. verification for cancellation of representative offices of foreign securities institutions in China;
4. record filing of the qualifications of independent directors of listed companies;
5. examination and approval of repurchase of shares listed outside China by companies listed outside; and
6. verification for establishment of branches of futures brokerages.
Related legislation: State Council, The Third Batch of Items in Respect of which the Administrative Examination and Approval Requirements are Abolished or Adjusted Decision, May 19 2004

clp reference:3700/04.06.22(1)
promulgated:2004-06-22
effective:2004-05-19

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