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Singapore: When should reporting entities populate the data fields “FX swap link ID” and “Package identifier”?
Reporting entities should populate the “FX swap link ID” data field to link the two legs of a reported FX swap. The data field “Package identifier” should be populated to identify other types of packaged trades to connect two or more derivatives contracts that are negotiated together under a single economic agreement (e.g. a swaption) but are reported separately.
Reporting entities are allowed to populate both “FX swap link ID” and “Package identifier” data fields in a single reportable derivatives contract (e.g. in a case where an FX swap is part of a package).