Reporting Obligation
/ˈrɪpɔːrtɪŋ ˌɒblɪˈɡeɪʃən/
Definitions
- (n.) A legal duty imposed on an individual or entity to provide certain information or data to a regulatory authority or other mandated recipient within a specified timeframe.
The company's reporting obligation requires it to submit quarterly financial statements to the securities regulator.
Forms
- reporting obligation
- reporting obligations
Related terms
See also
Commentary
Reporting obligations are often strictly defined by statute or regulation and failure to comply can result in penalties; clarity in scope and deadlines is crucial when drafting such provisions.
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.