- Knowledge Base
- MAS
- Identifying Reportable Derivatives Contracts
Singapore: How should the valuation of FX swaps be reported?
For swaps valued as a single transaction, the value of the swap should be reported in the far leg only. For swaps which are valued by the individual legs, the value of each leg of the swap should be reported in their respective legs, as long as the leg is still outstanding at the time of valuation.