Circular on Matters Concerning Accrediting British Accounting Firms to Engage in the Audit Business Relating to Chinese Depository Receipts under the Shanghai-London Stock Connect

Circular on Matters Concerning Accrediting British Accounting Firms to Engage in the Audit Business Relating to Chinese Depository Receipts under the Shanghai-London Stock Connect
Circular on Matters Concerning Accrediting British Accounting Firms to Engage in the Audit Business Relating to Chinese Depository Receipts under the Shanghai-London Stock Connect

Cai Kuai [2019] No. 11

July 29, 2019

Pertinent units and accounting firms,

With a view to regulating British accounting firms' engagement in audit business relating to Chinese depository receipts (hereinafter referred to as "CDR" or "CDRs") under the stock connect between the Shanghai Stock Exchange and the London Stock Exchange (hereinafter referred to as "Shanghai-London Stock Connect-related business"), relevant matters concerning accrediting British accounting firms to engage in Shanghai-London Stock Connect-related business are notified as follows in accordance with the Securities Law of the People's Republic of China, the Law of the People's Republic of China on Certified Public Accountants, the Several Opinions on Launching the Pilot Program of Domestically Issuing Stocks or Depository Receipts by Innovative Enterprises as well as other laws and regulations:

I.
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