UK's FRC weighs letting Chinese auditors use home standards for London listings

Watchdog To Relax Accounting Rules For Chinese Listings

The accounting regulator proposed Monday to allow Chinese companies raising money on the London Stock Exchange through global depositary receipts to use Chinese accounting standards, in a temporary relaxation of rules in line with government policy.

U.K. Regulator Weighs Rule Change to Attract Chinese Listings

Concerns around London’s attractiveness to foreign companies were heightened last year after Shein backed out of a hotly anticipated IPO

FRC Proposes Temporary Audit Standards for Chinese GDRs

The Financial Reporting Council (FRC) is considering a temporary amendment allowing auditors of China-registered companies issuing Global Depositary Receipts (GDRs) in London to use Chinese Auditing Standards. This change aims to maintain investment flow and support growth in the UK financial market.

Starmer to relax stock market rules to woo China

Watchdog considers letting companies use Beijing accounting standards when listing in London

UK's FRC weighs letting Chinese auditors use home standards for London listings

Britain's Financial Reporting Council said on Monday it was consulting on a proposed amendment that would temporarily permit auditors of China-registered companies listing Global Depositary Receipts (GDRs) in London to apply Chinese Standards on Auditing for UK listing purposes.

FRC launches consultation on temporary easing of TCA rules

The UK’s Financial Reporting Council (FRC) has launched a consultation on a temporary adjustment to its third country auditor (TCA) policy, aimed at a specific group of Chinese‑registered companies listing in London. The proposal would, for a limited period, allow auditors of Chinese entities issuing Global Depositary Receipts (GDRs) in London to use Chinese Standards on Auditing (CSAs) for UK listing purposes. The FRC describes the move as “sup…