Disclosure of Company Ties to Chinese Communist Party
New rules require publicly traded companies to disclose any connections with the Chinese Communist Party. This aims to increase transparency for investors and citizens, allowing them to better assess risks related to investments and business operations.
Key points
Companies must report if they or their partners have Chinese Communist Party organizations within their structures.
They need to describe how these organizations participate in the company's operations.
Companies must disclose if their boards owe fiduciary duties to the company and shareholders, and are subject to scrutiny for conflicted transactions.
Expired
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