Online Resource for Global Disclosure Now Includes Asian Disclosure Guide and Introduces Major European Transparency Study
PRNewswire
NEW YORK

PR Newswire has added two significant new reports -- a best practice analysis of disclosure in Asia and the Centre for European Policy Studies' (CEPS) Task Force Report on disclosure regulation in European Union Countries -- to DisclosureResource.com, a leading resource center for tracking developments in corporate disclosure, it was announced today.

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Registrants of DisclosureResource.com, a free informational web site, can now access the world's first comprehensive review of disclosure and investor communication best practices in Asia, a study commissioned by PR Newswire. The Asian research, with fieldwork conducted during September, compares the regulatory requirements in key Asian markets, and contains interviews with leading IR practitioners in each market. It complements the comparative information on global disclosure practices in Europe, North America and South America, currently available on http://www.disclosureresource.com/.

"Many Asian-Pacific companies seeking to do business in the global arena are increasingly more concerned with issues of disclosure and transparency," commented Mark Hynes, Managing Director of Investor Relations Services at PR Newswire. "The research indicates that while regulators, investors, analysts and listed companies have all been doing their bit to ensure that the information that investors receive is improving in its consistency and transparency, the success of such strategies differs quite markedly from country to country -- as well as between the companies in those markets."

The CEPS report on disclosure regulation in the EU is the result of extended discussion and debate among the members of a CEPS Task Force that focused on the different elements of the proposed new EU structure. The report comments that the while the EU is on the right track towards creating a more harmonized framework for disclosure, "the architecture for simultaneous European-wide disclosure is missing." Furthermore, the report advocates that, "the disclosure directives (prospectus, market abuse and transparency) support equal treatment of investors through a system of simultaneous European-wide disclosure and dissemination of price-sensitive information."

Since its launch four weeks ago over 2,000 individuals from 25 countries have visited http://www.disclosureresource.com/, with more than half requesting regular news updates, indicating the need and interest in global disclosure. In addition to the two new reports, the website also includes: links to webcast events such as "Corporate Communications in the Age of Sarbanes-Oxley," http://www.videonewswire.com/event.asp?id=17335, where industry professionals discuss the challenges presented by ever increasing regulations, and how they are impacting the roles of communications practitioners; breaking news on issues covering government/regulatory, exchanges, corporations, accounting and investor relations; a detailed Guide To Disclosure with in-depth research on the disclosure regulations for more than 30 markets worldwide and interviews with investor relations officers (IRO) reporting on local disclosure practice; articles from expert sources; and links to partner sites.

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   Contact:
   Rachel Asche
   Director of Public Relations
   PR Newswire
   212.282.1929
   rachel.asche@prnewswire.com
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CONTACT: Rachel Ashe, Director of Public Relations, +1-212-2852-1929,
Rachel.asche@prnewswire.com