FRS 101 provides exemptions from disclosing which of the following regarding related party transactions?

FRS 101 allows certain exemptions for related party disclosures to simplify reporting for qualifying entities. One of the key exemptions provided is related to compensation to key management personnel. This means that, under FRS 101, entities do not need to disclose the amounts of compensation provided to key management, which can include salaries, bonuses, and other benefits.

The rationale behind this exemption is to reduce the burden of disclosures that may not significantly aid users of the financial statements in understanding the financial position and performance of the entity. Excluding detailed disclosures regarding management compensation helps streamline financial reporting for smaller entities while still retaining necessary information on other related party transactions.

In contrast, other items such as inter-group transactions or significant related party transactions might need to be disclosed as they can impact decision-making and financial analysis. Non-financial relationships may also require disclosure to provide a clearer picture of the business's relationships; hence these are not exempt under FRS 101.