As speculation grows over HSBC’s Hong
Kong office moving to quarterly financial reporting in Q4 this
year, other in-house counsel have called for authorities to
make quarterly reporting mandatory.
"Investors need more frequent financial
disclosures," said an in-house counsel at an international
investment bank. "They should not have to sit in the dark
– as we are right now in March, when basic information
on many companies dates back to the end of June last year."