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SFC commences legal proceedings against Ernst & Young over access to accounting records
SFC, 27-Aug-2012
Closely following the SFC's suspension of China High Precision (0591) comes news of another case, this time involving an auditor which claims that China's law on "state secrets" prevents it from handing over its paperwork on an aborted IPO. This is a real test of one country two systems - will the HK courts enforce a mainland law on secrecy?
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