Understanding “Abnormal Operations” in China

In 2014, regulations outlining information disclosure requirements for Chinese companies created a List of Companies with Abnormal Operations (“the Abnormal Operations List”; 企业经营异常名录). The list includes companies that have failed to comply with information disclosure requirements.

There are four circumstances under which a company would be added to the list:

  • Failure to publicize annual reports within the prescribed time frame;
  • Failure to publicize other required information within the prescribed time frame;
  • Publicized information conceals facts or involves falsification;
  • Failure to contact the company at its publicized registered address.

PSA’s brief on this topic explains the compliance implications of a third party’s inclusion on this list.

Download Whitepaper

Explore our
Services

Due Diligence

PSA offers a broad range of due diligence services that are tailored to our clients’ needs and informed by regulatory requirements and relevant guidance.

Investigations

PSA has conducted corporate investigations into issues of embezzlement, fraud, corruption and other misconduct in over 50 countries.

Advisory

PSA provides strategic guidance to firms beyond routine due diligence, crisis-response investigation or market entry advisory services.

Request for a Due Diligence Report

Ready to start a conversation?

Get in touch

Featured Insights

APAC Anti-Bribery Legislation Roundup

PSA is excited to present our 2024 overview of ABAC legislation across the APAC region. While many compliance programs prioritize...

LEARN MORE >

How can we help you?

Get in touch with us or inquire with our experts.

Subscribe to receive updates and insights

Better Intelligence Podcast

Copyright © 2022 Pacific Strategies and Assessments | All Rights Reserved