SSE new measures of internal control of listed companies.

<P> 6 on 5, SSE issued the "Shanghai Stock Exchange Guidelines for Internal Control of Listed Companies" (hereinafter referred to as "guidelines") for listed companies to establish and implement internal control system to provide guidance and internal controls for public companies .proposed disclosure requirements. .The "Guide" this year, effective July 1. .November 2, 2005, "the State Council approved the Commission" On the advice to improve the quality of listed companies "notice" (hereinafter referred to as "views") of listed companies proposed new internal control requirements, including relevant "to an external .audit of the company's internal control system and the company to verify the self-assessment report evaluation, and disclosure of relevant information "requirements, listed companies for the implementation of the system of internal control self-assessment by the external auditors to verify the system provides the basis for evaluation. .According to "opinions" with the relevant requirements, the SSE issued "guidelines" to regulate the internal control of listed companies. .</ P> <P> "Guide" is divided into six chapters, Chapter I General Provisions, provides for the principle of internal control of listed companies as well as the responsibility of all members of the Board; second chapter the framework of internal control of listed companies to establish a sound internal control system .guiding principle put forward; Chapter special risk of internal controls, specifically for special operations within the control of the specification; Chapter IV of the inspection and supervision of internal control, internal control of listed companies on the inspection and supervision work, the Audit Committee of the Board of Directors or its affiliates .provides for the work; Chapter disclosure of internal control, internal control of listed companies disclosure of the interim announcement, the disclosure of self-assessment report and the CPA self-assessment report on the verification opinion was provided; Chapter VI Supplementary Provisions .. .(Nathalie) </ P>.