§7214a Additional disclosure

Summary

Foreign covered issuers must say, in each covered form that covers a non‑inspection year when a registered public accounting firm (as described in subsection (i)(2)(A) of section 7214) prepared their audit report, five things: that such an audit report was prepared during the period; the percent of the issuer’s shares owned by government entities in the country where the issuer is organized; whether those government entities have a controlling financial interest in the issuer; the name of any Chinese Communist Party official who is a member of the issuer’s board or the operating entity’s board; and whether the issuer’s articles of incorporation (or similar organizing document) contain any Chinese Communist Party charter, including the text of any such charter. Definitions: “audit report” has the meaning in section 7201(a) of this title. “Commission” means the Securities and Exchange Commission. “Covered form” means the forms in 17 CFR 249.310 and 249.220f, or equivalent forms a foreign issuer files under the Securities Exchange Act of 1934. “Covered issuer” and “non‑inspection year” have the meanings in subsection (i)(1) of section 7214. “Foreign issuer” has the meaning in 17 CFR 240.3b–4.