About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

MAS Brings in Final Phase of OTC Derivatives Reporting Rules

Subscribe to our newsletter

The Monetary Authority of Singapore (MAS) has implemented the final stage of its reporting regulations for OTC derivatives under the Securities & Futures Act (SFA). This phase was delayed by a year due to the impact of Covid-19, with the final extension of new reporting obligations coming into force on October 1.

The phased in approach to the reporting requirements extends the need for financial institutions to begin reporting equity, commodity and FX derivatives contracts booked and/or traded in Singapore to the regulator. The phased-in approach has already seen the introduction of a reporting mandate for credit and interest-rate contracts for this group, with banks already required to report across all five asset classes.

To begin trade reporting, firms will need to submit their applicable derivatives contracts either directly to the DTCC Data Repository (Singapore) (DDRS), the only MAS-approved trade repository in Singapore, or by delegated submission through a counterparty that uses DDRS trade reporting services.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Managing Non-Financial Misconduct Under SMCR

Non-financial misconduct – encompassing behaviours such as bullying, sexual harassment, and discrimination is a key focus of the Senior Managers and Certification Regime (SMCR). The Financial Conduct Authority (FCA) has underscored that such misconduct is not only unethical but also poses significant risks to a firm’s culture and operational integrity. Recognizing the profound impact on...

BLOG

Canada and Hong Kong Regulatory Reporting Updates Signal Continued Global Shift

Canada and Hong Kong’s latest regulatory reporting rule changes mark a broader international trend toward regulatory convergence, placing increasing pressure on financial institutions. Leo Labeis, CEO of REGnosys, explains how Digital Regulatory Reporting offers a path forward for reporting firms. Canada’s new trade reporting reforms, introduced by the Canadian Securities Administrators (CSA), came into effect...

EVENT

RegTech Summit New York

Now in its 9th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

The DORA Implementation Playbook: A Practitioner’s Guide to Demonstrating Resilience Beyond the Deadline

The Digital Operational Resilience Act (DORA) has fundamentally reshaped the European Union’s financial regulatory landscape, with its full application beginning on January 17, 2025. This regulation goes beyond traditional risk management, explicitly acknowledging that digital incidents can threaten the stability of the entire financial system. As the deadline has passed, the focus is now shifting...