Clearing the air on QR and disclosures

ON Feb 7, when the Singapore Exchange (SGX) revealed the 112 companies that have to do quarterly reporting, the names on the list came as no surprise: 94 are firms with audit concerns, six are dealing with regulatory concerns, and 12 face both regulatory and audit concerns.

There has been some surprise, however, over names that were not on the list - including those involved in litigation.

Given the new risk-based approach to quarterly reporting, investors will have to wait longer between updates and will instead have to count on companies complying with continuous disclosure requirements.