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Singapore proposes reforms to strengthen regulation of OTC derivatives trading 

February 13, 2015

Reuters, Today Online

The Monetary Authority of Singapore (MAS) has proposed legislative amendments to strengthen regulation of over-the-counter (OTC) derivatives trading and the securities market.

The proposals include requirements to report short selling of securities trading and publication of aggregate short positions, which will improve transparency, the central bank said in its consultation paper issued today (Feb 11).

The MAS said it will "extend its regulatory regime to OTC derivatives trading platforms and intermediaries, and introduce simplified, principles-based definitions of securities and derivatives."

Read More: Today Online 

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