Weekly Industry News – China & Singapore: Legal, Regulatory and Compliance

China & Singapore – the latest on China auditors, Shanghai’s free trade zone and more.

Shanghai’s Free Trade Zone – empty gestures or meaningful reforms? by Peter Corne Published on jdsupra.com

The China (Shanghai) Free Trade Pilot Zone (FTZ), approved by the State Council at the beginning of July 2013, was launched with much fanfare at the end of September. The launch and the publicity surrounding it gave rise to much excitement and expectations of reform in key areas such as foreign exchange control and the regulation of foreign investment… [ Read More ]

China shares near 5-1/2-month low, as Neway debut diverts funds by Clement Tan Published on Reuters.com

China shares neared 5-1/2-month lows early Friday, diverging from Hong Kong markets, as the first initial public listing to debut in the mainland in more than a year rose sharply, drawing money from large-cap stocks... [ Read More ]

China Auditors May Avoid U.S. Ban Following Data Accord by Alan Katz  Published on Bloomberg.com 

Chinese affiliates of the largest accounting firms will find out next week whether they have avoided being barred from leading audits for U.S.-listed companies after some documents at the heart of a series of accounting fraud probes were delivered… [ Read More ]

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