- Knowledge Base
- MAS
- Identifying Reportable Derivatives Contracts
Singapore: Do derivatives contracts which expired or is terminated within T+2 need to be reported?
There is no exemption for reportable derivatives contracts that are short-term whether by design or due to occurrence of trigger events. For instance, options which have a 2- day expiry and options which are exercised within 2 business days of the execution are both reportable.
However, certain FX contracts have been excluded from the definition of FX derivatives contracts, hence such contracts are not in scope and need not be reported.