Statement Holding Foreign Companies Accountable Act: Final Amendments, SEC Chair Gary Gensler, Dec. 2, 202
<p><span>Today, the Securities and Exchange Commission adopted final amendments to its rules implementing the Holding Foreign Companies Accountable Act of 2020 (HFCAA). Today’s amendments finalize the interim final rules that the Commission adopted in March, which had addressed the submission and disclosure requirements of the HFCAA, with two modifications. First, they clarify how the requirements apply to variable interest entities. Second, they include requirements to tag information such as the auditor name and location. Today’s release also establishes proce...
Source: mondovisione.com