The Derivatives Service Bureau (DSB), the global central source of reference data for OTC derivatives, has launched the UPI Service as planned on October 16th, 2023.
The UPI Service provided by the DSB enables the creation and search for UPIs. A UPI enables the aggregation of OTC derivatives transactions reported to TRs. UPI reporting starts in the derivatives markets, as part of the EMIR REFIT regulation from April 29th, 2024.
The DSB has been designated by the Financial Stability Board (FSB) as the sole UPI Service Provider.
More at:
https://www.anna-dsb.com/2023/10/16/the-derivatives-service-bureau-launches-the-unique-product-identifier-upi-service/
Kindly note that the mandatory requirement to use UPIs will be introduced in messages exchanged between participants and KDPW TR following implementation of EMIR REFIT (from April 29, 2024).
