Reporting Duty
/ˈrɪpɔːrtɪŋ ˈdjuːti/
Definitions
- (n.) A legal obligation requiring a party to disclose certain information or events to a designated authority or entity.
The company fulfilled its reporting duty by submitting the financial statements to the regulator on time.
Forms
- reporting duty
Related terms
See also
Commentary
Reporting duties are often strictly defined in statutes or regulations; precise scope and timing are crucial for compliance.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.