Views mixed on whether new quarterly reporting regime works

Singapore

IT'S been 15 months since Singapore decided to scrap mandatory quarterly reporting (QR) for its listed companies, and the market remains mixed in its perception of whether that move was the right one.

The latest criticism against the decision was heard just last week, when the Asian Corporate Governance Association (ACGA) said in its widely followed CG Watch 2020 that "Singapore has gone backwards" in its corporate governance journey by diluting its QR rules.