Regulator orders disclosure review at listed companies
The review targets the timeliness and clarity of material-information filings.
The market regulator has launched a review of disclosure practices at listed companies, focusing on the timeliness and clarity of material announcements.
The exercise is described as a review rather than an enforcement action, but companies have been asked to respond to detailed questionnaires.
Investor groups have long argued that inconsistent disclosure undermines confidence in the market.
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Adaeze Okonkwo
Markets Editor
Adaeze Okonkwo writes for BusinessPress.
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