9. Continuing Obligations Flashcards
1
Q
Continuing obligations
A
- Once a company is listed, it is subject to extra layers of rules and regulations. The obligations that a company must comply with once its shares are listed are known as “continuing obligations”.
- A company will need to be made aware of what these continuing obligations will involve and must put systems and procedures in place to ensure compliance
- For example, once listed, a company will have to disclose certain information to the market and to shareholders.
