The Derivatives Service Bureau (DSB) reports that it has launched a service, dubbed the Unique Product Identifier (UPI), that industry participants will be required to use for swap recordkeeping and reporting to trade repositories, giving authorities a new view into potential systemic risks. Officially, UPI has been established as International Organization of Standardization standard (ISO)… Read More >>
CFTC Issues Final Rule for Cleared Swaps Reporting
The CFTC reports that it has approved a final rule meant to bring “additional clarity” to existing cleared swaps reporting regulations and procedures. The rule codifies reporting obligations for counterparties and registered entities and improves the “efficiency of data collection and maintenance associated with the reporting,” the CFTC says. The commission’s own detailed analysis of… Read More >>
