CSRC seeks transparency
1 January 2004
The China Securities Regulatory Commission (CSRC) published a new regulation governing its approval committee in an attempt to introduce higher levels of transparency. Under the regulation, which came into effect on December 5, the committee must publicize key information including the dates of its meetings, attending committee members and the committee's decisions.
The number of CSRC committee members was reduced to 25 mostly full-time from the previous 80 part-time members.