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Bursa to engage the industry again on proposed interim reporting framework

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The QR framework was first introduced in 1999, to provide a more regular update relating to the financial condition of listed issuers.

On September 28,2018, it had issued a public consultation paper to gauge stakeholders’ preference on the interim financial reporting framework in the country.

Bursa Malaysia said the current review of the interim financial reporting framework is part of the exchange’s continuing review of its rule framework to ensure that its rules remain relevant, effective and benchmarked with international standards while safeguarding investor protection. It was subsequently reviewed in 2013, pursuant to an industry taskforce set up under the recommendation of the Corporate Governance Blueprint on July 8,2011.

Since then, the topic on QR continues to generate interest and debate globally, particularly in terms of its merits.

 

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