Continuous Disclosure

Continuous Disclosure

The legal requirement of a company to inform the public about positive and negative situations affecting the company. For example, the company has an obligation to report losses resulting from a failed merger even if the disclosure reflects poorly on the CEO and board of directors.
References in periodicals archive ?
The company breached its continuous disclosure obligations by:
Subsequent chapters address periodic and continuous disclosure regulation and practice and a best practice disclosure framework.
It contains provisions for promoting public confidence in the market, including full disclosure at the time of the initial offering, continuous disclosure requirements and an comprehensive compliance regime.
The fresh law contains provisions for increasing citizens' confidence in the market, counting complete disclosure at the time of the initial offering, continuous disclosure requirements and a comprehensive compliance regime.
If there will be continuous disclosure violations by any company that will be established by the exchange after the conduct of its own investigations and affording due process, they will also be subjected to penalties as provided by the PSE rules," Sicat said.
He noted that, "if there will be continuous disclosure violations by any company that will be established by the Exchange after the conduct of its own investigations and affording due process, they will also be subjected to penalties as provided by the PSE rules.
Once the shares are listed, the Regulation imposes insider trading restrictions and, importantly, continuous disclosure requirements to notify the market of any development which might affect the company's financial position.
Until the MCTO is lifted, it will comply with the alternative information guidelines under National Policy 12-203 - Cease Trade Orders for Continuous Disclosure Defaults for issuers who have failed to comply, with a specific disclosure as per applicable securities laws.
Release date- 22102012 - Lithium producer Galaxy Resources Ltd (ASX: GXY) announced today that the company is now a 'designated foreign issuer' pursuant to National Instrument 71-102 - Continuous Disclosure and Other Exemptions Relating to Foreign Issuers and will no longer report under National Instrument 51-102 - Continuous Disclosure Obligations which would have required the company to prepare and file continuous disclosure documents in the format as required under the relevant Canadian regulatory requirements.
Perth, Australia, Oct 22, 2012 - (ABN Newswire) - Lithium producer Galaxy Resources Ltd (ASX:GXY) (PINK:GALXF) announced today that the company is now a "designated foreign issuer" pursuant to National Instrument 71-102 - Continuous Disclosure and Other Exemptions Relating to Foreign Issuers ("NI 71-102") and will no longer report under National Instrument 51-102 - Continuous Disclosure Obligations ("NI 51-102") which would have required the company to prepare and file continuous disclosure documents in the format as required under the relevant Canadian regulatory requirements.
to comply with its continuous disclosure obligations under the Markets Law 2004 and Offered Securities Rules," the DFSA said in statement posted on its website.
For additional information with respect to certain of these risks or factors, plus additional risks or factors, reference should be made to the Company's continuous disclosure materials filed from time to time with Canadian securities regulatory authorities, which are available online at www.
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