On April 2, 2022, the China Securities Regulatory Commission
(the “CSRC”) published the revised
Provisions on Strengthening Confidentiality and Archives
Administration of Overseas Securities Offering and Listing by
Domestic Companies (Draft for Comments) (the
“Draft Archives Rules”). The Draft
Archives Rules is now open for public consultations until
April 17, 2022.
This newsletter summarises the key content in the Draft Archives
Rules that are relevant for overseas securities offerings and
listings of domestic companies.
Background to the revision of the confidentiality and archives
administration rules
The Draft Archives Rules updates and revises the Provisions
on Strengthening Confidentiality and Archives Administration for
Overseas Securities Offering and Listing (Announcement No. 29
[2009] of the CSRC, “Current
Provisions”) jointly issued by the CSRC, the
Ministry of Finance of the PRC, the National Administration of
State Secrets Protection, and the