CHINA’S top securities regulator has amended rules on delisting companies from domestic stock exchanges.

Under the new rules, stock exchanges will suspend or delist companies that engage in a variety of unlawful activities including those harming national security, public safety or public health, China Securities Regulatory Commission (CSRC) said in a statement late Friday.

Draft rules were published in March, which said violations that could trigger a delisting include fraudulent initial public offerings, serious information distortion in financial disclosures and grave illegal activities in daily operations.

Stock exchanges, which CSRC said should bear more responsibility in delisting enforcement, will be responsible for detailing the delisting rules, according to Friday’s statement. China set up a delisting mechanism in 2014, but authorities said in March that tougher delisting rules are needed to keep the stock market healthy and protect small investors’ interests. In May, the Shanghai Stock Exchange delisted two companies and the Shenzhen bourse delisted another. (SD-Xinhua)