Disclosures

Trump did not disclose $19.8 mn loan he got as prez from Daewoo: Report

Former US President Donald Trump did not disclose publicly he got a loan of $19.8 million from Daewoo, a company with ties to North Korea, which he should have reported in public financial disclosures

Rating agencies raise red flag: QIP monitoring may hit disclosure wall

Disclosures around utilisation of issue proceeds not as exhaustive as IPOs: Rating agencies

Market regulator Sebi plans to streamline disclosure framework

Suggests halving disclosure timeline to 12 hours; proposes mandating top 250 listed firms to confirm/deny media reports

Stricter disclosure norms may trigger DRHP filing rush in next two months

Industry players expect companies to advance their DRHP filings before new rules kick in

BSE, NSE take measures to standardise disclosures by listed entities

Leading stock exchanges BSE and NSE on Monday announced that they have taken measures for standardising the disclosures made by listed companies pertaining to the critical information for investors. Listed firms are required to submit periodical compliance filings to stock exchanges within the prescribed timelines. Under the measures, stock exchanges have implemented new XBRL-based compliance filing mechanism featuring identical and homogenous compliance data structures. The move will not only ease the compliance burden on listed entities but would also enable analytics on the data submitted by them, BSE and NSE said in a joint statement. XBRL-based filings for equity, debt, Real Estate Infrastructure Trust (REIT), Infrastructure Investment Trust (InvIT) have been released by both the exchanges to facilitate the input of the critical clauses of Sebi's LODR (Listing Obligations and Disclosure Requirements) Regulations. "We believe that these steps shall enhance the transparency an

Sebi imposes Rs 30 lakh fine on RIL and two of its compliance officers

Sebi said Reliance did not disclose the deal even after newspaper reports in March 2020 published price-sensitive details about the Facebook investment that led to a spike in RIL shares

Elon Musk sued by Twitter investors for delayed disclosure of stake

The investors said Musk saved himself $156 million by failing to disclose that he had purchased more than 5% of Twitter by March 14

Disclosure norms on investments from neighbour nations tightened

This is alignment with the tweaked FDI policy of 2020 under the approval route to curb hostile takeovers

Sebi comes out with new disclosure format for abridged prospectus

Under the rules, every application form for the purchase of any securities of a company needs to be accompanied by an abridged prospectus

Sebi levies fine on Titan's employee for disclosure lapses

Markets regulator Sebi on Friday imposed monetary penalty on an employee of Titan Company Ltd for disclosure lapses, in violation of insider trading norms

Sebi to scrap few disclosure requirements for promoters on acquiring shares

The obligation for physical disclosures would be done away with effect from April 1, 2022

Sebi chief Ajay Tyagi slams India Inc over poor disclosure standards

Tyagi says the market regulator is examining free float in listed companies

Amid inconsistencies, ESG rating framework not on Sebi's agenda, for now

Companies currently are inconsistent with comprehensive disclosures on ESG

India is the world's best market for portfolio disclosure, finds study

The report covering 26 markets across North America, Europe, Asia and Africa singled out Australia as a notable laggard

Non-Financial disclosures to dig deep into sustainable corporate practices

Experts have called some of these steps "pathbreaking" towards improving transparency in non-financial reporting which under new norms will become as exhaustive as financial reporting

Disclosure lapses: Sebi puts stricter regulations for listed companies

Companies in violation of disclosure regulations will have to pay a penalty of Rs 20,000 per day till the date of compliance

Better disclosures with better understanding

The report highlighted that 63% of the companies in the sample did not disclose the manner in which they had conducted the annual evaluation of boards