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: How to organise, integrate and structure data for successful AI

Artificial intelligence (AI) is increasingly being rolled out across financial institutions, being put to work in applications that are transforming everything from back-office data management to front-office trading platforms. The potential for AI to bring further cost-savings and operational gains are limited only by the imaginations of individual organisations. What they all require to achieve...

BLOG

Busy NeoXam Takes Aim at Private Market Data Challenges

It’s been a busy first half for French data and portfolio management technology provider NeoXam, with expansion of its Australian operations, an addition to its management team and strengthened partnerships with established clients. Amidst this busyness has been a focus on providing private-market data capabilities as buy-side firms increase their exposure to alternatives such as...

EVENT

AI in Data Management Summit New York City

Following the success of the 15th Data Management Summit NYC, A-Team Group are excited to announce our new event: AI in Data Management Summit NYC!

GUIDE

Regulatory Data Handbook 2025 – Thirteenth Edition

Welcome to the thirteenth edition of A-Team Group’s Regulatory Data Handbook, a unique and practical guide to capital markets regulation, regulatory change, and the data and data management requirements of compliance across Europe, the UK, US and Asia-Pacific. This year’s edition lands at a moment of accelerating regulatory divergence and intensifying data focused supervision. Inside,...