Buy-side cost concerns prompt MAS trade reporting exemption
Buy-side firms pushed back on July 1 reporting deadline due to high costs and lack of readiness
Small asset managers, worried about the cost of meeting mandatory reporting requirements, were granted a reprieve by the Monetary Authority of Singapore (MAS) for the second phase of derivatives reporting, which commenced on July 1.
A last-minute lobbying effort appears to have pressured the Singapore regulator into making concessions to fund managers and real-estate investment trusts (Reits) from
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