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Sino forest case 2. What role should regulators such as the OSC play in evaluating listings and reporting standards for companies with significant off-shore business
Sino forest case
2. What role should regulators such as the OSC play in evaluating listings and reporting standards for companies with significant off-shore business and assets? There is a significant reputational issue here for Canadian capital markets - the two largest shareholders were off-shore - as well as the damage it did to existing Chinese listings with falling share prices and a potential problem of raising funds both from the banks and the market. It also restricted potential offshore listings
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