Singapore: Are intra-group transactions exempted from reporting?

There is no exemption for intra-group transactions. Derivatives contracts entered into  between different legal entities within the same group are to be reported. This is  regardless of whether the intra-group transaction is entered into as a hedge, including  hedging against derivatives contracts that are not reportable. For example, a CMSL enters  into a derivatives contract with a person who is not an accredited or institutional investor  (this contract is exempt from reporting requirement), and at the same time, the CMSL  enters into a separate derivatives contract with its related entity for hedging purpose (this  contract is required to be reported).