BeiGene Hired Ernst & Young to Be Its Principal Auditor: Caixin

BeiGene has hired U.S.-based Ernst & Young LLP as its principal auditor of financial statements to be filed with the SEC, Caixin reports, without citing a source.

• Boston-based Ernst & Young will replace China-based Ernst & Young Hua Ming LLP
• The company hired a U.S.-registered accounting firm in order to “seek compliance with the Holding Foreign Companies Accountable Act,” Caixin said
• Ernst & Young did not comment on the matter to Caixin
• BeiGene told Caixin they have been “in active communication with Chinese and U.S. regulators”

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