China’s financial regulators urge listed companies and firms seeking for initial public offerings to improve internal corporate governance and risk assessment mechanism, according to a statement.
- Companies are encouraged to hire accounting firms to carry out internal audit, Ministry of Finance and China Securities Regulatory Commission said in the joint statement.
- Companies plan to launch IPOs should present audit reports with clean opinion
To contact the reporter on this story:
To contact the editor responsible for this story:
© 2023 Bloomberg L.P. All rights reserved. Used with permission.