ΜΑΡ-MAS-RDC Reporting of Derivative Contracts Service
ΜΑΡ FinTech’s Polaris Reporting Hub manages the complexity of multiple reporting regimes, enhancing and routing data to international competent mechanisms and/or authorities in the format required.
In late 2013 the Monetary Authority of Singapore (MAS) introduced a phase-in approach for a new reporting regime. Thus far contracts subject to reporting include Interest Rate Derivatives, Credit Derivatives and FX Derivatives traded or booked in Singapore while the list is to be extended to include Commodity and Equity Derivative Contracts.
The ΜΑΡ-MAS-RDC Reporting Service facilitates extraction, conversion, reconciliation and submission of the relevant trades and positions specified under the reporting regime.