Identifying Reporting Obligations
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      Singapore: Who is required to report if a derivatives contract is executed or caused to be executed by an agent of a party to the contract?

      A reporting entity needs to report a derivatives contract for which it is a party to  regardless of whether the contract is executed or caused to be executed by an agent  acting on its behalf. 

      For a reporting entity (Agent A) that has executed or caused to be executed a derivatives  contract on behalf of another party (Party B), Agent A – 

      1.  need not report the contract if Party B is a reporting entity; and
      2. needs to report the contract if Party B is not a reporting entity.  

      Reference: 

      • Section 125 of the SFA.