The State-owned Assets Supervision and Administration Commission (SASAC) has launched a global recruitment drive to find chief compliance officers for six state-owned enterprises (SOEs), the China Securities News reported. The SOEs are China Coal Technology Industry Co (which has not yet been officially registered), China National Machinery Industry Corp, China Iron & Steel Research Institute Group, China P&T Appliances, China Textile Group and China New Era Group Corp. The key responsibility of the compliance chiefs will be to coordinate legal compliance for initial public offerings, financing, investments and organizational restructurings.