Disclosure of Business Ties to China and Aggressor Nations
New rules require publicly traded companies to disclose if they do business with China, entities linked to the Chinese Communist Party, or countries that invaded sovereign nations after March 2022. Companies must also report if their supply chains use forced Uyghur labor. This aims to increase transparency for investors and citizens, allowing them to make informed decisions about business risks.
Key points
Public companies must disclose business ties to China or aggressor nations.
Requirement to report on the use of forced Uyghur labor in supply chains.
Provisions are set to expire in 5 years, unless deemed not in the public interest or for investor protection sooner.
Status:
Expired
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