HK in-house call for quarterly reporting

Author: | Published: 4 Apr 2011

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."