Discussion on the Disclosure of Significant Violation of Laws

In the public offering of corporate bonds,whether there is the availability of significant violation of laws or not is the important condition of gaining the approval or not and needed to disclose information,but that enterprises consider their own interests and laws,regulations and other normative documents are inconsistent and vague impacts proper implementation and application of corporate law violations and other significant matters of disclosure requirements,and they cannot protect the interests of investors in good condition.So based on statements of no significant violation of laws in 2011 application documents of some companies' public offering of corporate bonds,as well as the existing provisions of laws and regulations and other normative documents,the author explored how companies implement and apply the appropriate major illegal cases disclosed requirements and provided suggestions on further improvement.