Last Friday (March 15th), the CSRC announced multiple policy adjustments regarding its latest direction on regulating listed companies. These adjustments, being described as “multi-pronged adjustments”, have sparked extensive discussion in the capital market. They cover various areas with some of which relating to the tightening IPO vetting. CBI has compiled relevant information to provide a quick understanding of the key points.

As regulatory requirements continue to tighten, sponsors and intermediaries must elevate their due diligence standards when handling IPO projects in China. They are also required to effectively play the role as gatekeepers to meet the latest regulatory expectations.