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

Firms in the US Prepare to Meet Compliance Date for UPI in Regulatory Reporting

Subscribe to our newsletter

The Derivatives Service Bureau (DSB) has released figures indicating industry readiness for the first jurisdictional compliance date for the inclusion of the Unique Product Identifier (UPI) in regulatory reporting in the US on 29 January 2024.

The US is the first jurisdiction to start UPI reporting in G20 derivatives markets with EU EMIR Refit regulations following on 29 April 2024, the UK on 30 September 2024, Australia and Singapore from 21 October 2024 and Japan on the 7 April 2025.

“This first UPI compliance milestone is another step forward in the journey of realising the G20 commitments following the financial crisis toward global aggregation of OTC derivatives data to enhance the regulators’ understanding of global systemic risk,” says Emma Kalliomaki, managing director of ANNA and the DSB. “The DSB’s scalable client onboarding and support platform mean users that still need to onboard will be able to do so efficiently.”

As the US reporting date approaches, 131 organisations have subscribed across all fee-paying user types covering different connectivity options, 71 of which are programmatic users. At organisation level, banks lead the way with trade execution platforms, clearing houses, brokerages, trade repositories and data management providers also on board. In the US, 35% of organisations onboarded have headquarters in the country. Given the staggered approach to UPI mandate compliance dates, these figures are in line with DSB onboarding expectations at this stage.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Sponsored by FundGuard: NAV Resilience Under DORA, A Year of Lessons Learned

The EU’s Digital Operational Resilience Act (DORA) came into force a year ago, and is reshaping how asset managers, asset owners and fund service providers think about operational risk. While DORA’s focus is squarely on ICT resilience and third-party dependencies, its implications extend deep into core operational processes that are critical to market integrity, investor...

BLOG

A-Team Group Announces Winners of the AI in Capital Markets Awards 2025

A-Team Group has announced the winners of the inaugural AI in Capital Markets Awards 2025, celebrating the most innovative and impactful applications of artificial intelligence and machine learning across the global financial markets. The new awards programme recognises technologies that have moved beyond proof-of-concept to deliver measurable value, supporting efficiency, resilience, and insight generation across...

EVENT

TEST Event page 2

Now in its 15th 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

ESG Data Handbook 2022

The ESG landscape is changing faster than anyone could have imagined even five years ago. With tens of trillions of dollars expected to have been committed to sustainable assets by the end of the decade, it’s never been more important for financial institutions of all sizes to stay abreast of changes in the ESG data...