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: End-to-End Lineage for Financial Services: The Missing Link for Both Compliance and AI Readiness

The importance of complete robust end-to-end data lineage in financial services and capital markets cannot be overstated. Without the ability to trace and verify data across its lifecycle, many critical workflows – from trade reconciliation to risk management – cannot be executed effectively. At the top of the list is regulatory compliance. Regulators demand a...

BLOG

REP008, FIT, and Beyond: Navigating the FCA’s Reporting Duties on Misconduct

The Financial Conduct Authority (FCA) has long insisted that “non-financial misconduct is misconduct.” That phrase, repeated across speeches and policy statements, reflects the regulator’s conviction that culture, integrity, and behaviour are inseparable from financial soundness. In 2025, the FCA translated that principle into formal rulemaking, finalising changes to the Senior Managers & Certification Regime (SMCR)...

EVENT

Data Management Summit London

Now in its 16th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

The DORA Implementation Playbook: A Practitioner’s Guide to Demonstrating Resilience Beyond the Deadline

The Digital Operational Resilience Act (DORA) has fundamentally reshaped the European Union’s financial regulatory landscape, with its full application beginning on January 17, 2025. This regulation goes beyond traditional risk management, explicitly acknowledging that digital incidents can threaten the stability of the entire financial system. As the deadline has passed, the focus is now shifting...