CN

China Securities Regulatory Commission (CSRC)

National ministry-level agency regulating securities and futures markets in China.

REGULATOR PROFILE
  • Regulator: China Securities Regulatory Commission (CSRC)
  • Jurisdiction: CN
  • Statutory Role: National ministry-level agency regulating securities and futures markets in China.
  • Indexed Cases: 4 enforcement actions in this jurisdiction.

PRIMARY ENFORCEMENT ACTIONS IN CN

4 ACTIONS
Case Title Status Primary Scheme Overstatement Total Penalties Action Date
Luckin Coffee: $300M Fabricated App Sales and Circular Cash Scheme SETTLED fictitious revenue $311.0M $180.0M September 20, 2022
China MediaExpress: Reverse Merger Shell with Fabricated Bank Statements ADJUDICATED reverse merger fraud $100.0M $0 September 20, 2013
Puda Coal: Reverse Merger Fraud and Secret Theft of Operating Asset ADJUDICATED reverse merger fraud $150.0M $0 September 20, 2013
China Evergrande: 564B Yuan Revenue Inflation on Incomplete Apartments ADJUDICATED premature recognition $78.0B $577.0M September 20, 2023