Singapore Exchange reviewing mandatory quarterly reporting rule

The rule might be tweaked or scrapped.

Singapore Exchange Ltd. is reviewing a 13-year-old rule requiring listed companies to provide quarterly financial reports in light of moves by other regulatory jurisdictions including the U.K. to drop the practice.

“We are aware that there are strong proponents and arguments on both sides of the quarterly reporting debate,” SGX said in an e-mail Monday. “The arguments need to be viewed against a regulatory landscape that has changed since 2003. We will consult the public if there is to be any change in the listing rules.”

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