About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

DSB Call for Industry Feedback on UPI Legal Terms and Conditions Consultation

Subscribe to our newsletter

The Derivatives Service Bureau (DSB) has opened a consultation on the legal terms and conditions, and client support model, expected to apply to users of the Unique Product Identifier (UPI) Service, due to launch next year. The consultation sets out a range of proposals aimed to align with industry feedback for the DSB to support the UPI Service within the existing DSB legal framework that is used for the OTC ISIN Service.

Proposals include the use of a single overarching legal agreement with fee-paying users able to subscribe to OTC ISIN and/or UPI Services, introduction of a client onboarding and support platform, use of the Legal Entity Identifier for user onboarding verification, use of pre-payment for lower value user fees, fee model variables to be used for annual fee determination, the approach to termination, suspension and renewals, dispute resolution mechanism, and the transfer of user data in the case of a contingency scenario.

Emma Kalliomaki, managing director of ANNA and the DSB, comments: “Good governance principles are at the core of the UPI to ensure for a better service for the market. The DSB would like to encourage all interested parties to review the proposals of the UPI Legal Terms and Conditions Consultation and provide feedback.”

The deadline for industry feedback on the consultation is Wednesday, 19 January 2022.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Strategies and solutions for unlocking value from unstructured data

Unstructured data accounts for a growing proportion of the information that capital markets participants are using in their day-to-day operations. Technology – especially generative artificial intelligence (GenAI) – is enabling organisations to prise crucial insights from sources – such as social media posts, news articles and sustainability and company reports – that were all but...

BLOG

Overcoming Data Challenges of Rapidly Evolving ESG Space: ESG Data and Tech Briefing Preview

The rapid maturation of ESG data integration and utilisation within financial institutions has forced them to invest in new technology and data management processes. The rate of change, however, has been a challenge for some organisations, which have struggled to put in place the necessary capabilities to absorb, order and deploy such large volumes of...

EVENT

TradingTech Summit London

Now in its 14th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...