disclosure


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disclosure

the process of revealing evidence held by one party to an action or a prosecution to the other party. In some systems, in some matters, it is compulsory; in others it may require the support of the court and in yet others there might be a right to refuse to disclose. The same idea is conveyed by discovery which rather suggests that the party seeking the information has to ask for it - usually through the court - rather than the possessor being obliged to release it without asking.
References in periodicals archive ?
Pertinent to mention, Sanusi (2010) argues that the major factor that significantly contributes to the financial crisis in the Nigerian economy is the presence of a weak corporate governance surrounded by inadequate disclosure and transparency in reporting, inadequate risk management frameworks for identifying, measuring and controlling the risks associated with the activities of deposit money banks (DMBs) and other financial institutions among others which placed them (financial service firms) to be operating at the risk of failure.
As recommended by the SEC, most public companies have management disclosure committees that are tasked with considering the materiality of information and determining the company's disclosure obligations on a timely basis.
In future, customers are able to inquire ICBC wealth management product information anytime with their smart phones as ICBC has further expanded their wealth management product information disclosure channels to smart terminals including iPhone, iPad and Android.
Last year was the year of the disclosure. Under the Employee Retirement Income Security Act (ERISA) Section 408(b)(2)
Dubai Financial Market (DFM) has launched its online disclosure solution 'Efsah' (the Arabic synonym of "Disclosure"); a secure web-based application enabling listed companies to publish their disclosures swiftly and effectively.
What does this say about the state of financial disclosure, and would it benefit more from enhancement rather than expansion?
Corey (1990) also distinguishes between two types of self-disclosure--the disclosure of personal difficulties, unresolved problems, aims and wishes, strong and weak points of the personality, positive and negative experience to other group members; and the ability to share reactions to the events occurring immediately in the group.
After a person receives an intimate or non-intimate disclosure, it is highly likely that the person will respond by reciprocating with the same amount, topic, and even intimacy level of the original disclosure (Omarzu; McAllister and Bregman).
As of July 1, the Federal Trade Commission finally conceded unequivocally that franchise systems in the United States may deliver their disclosure documents electronically for FTC purposes.
Current mortgage disclosure forms fail to convey key mortgage costs and terms to many consumers, but better disclosures can be created to help consumers understand the costs and terms of mortgages so they can make informed decisions about loan products, concluded a Bureau of Economics report released by the Federal Trade Commission (FTC).
Any reasonable written document that acknowledges the client is aware that the information may be disclosed and confirms in writing the client's permission for the disclosure. The approval always should be secured in advance of the disclosure.