Report reaches for UPI harmony

Guidance published on global Unique Product Identifier applying to OTC derivatives transactions


The UPI identifies each OTC derivative product involved in a transaction that has a reporting requirement, and a global uniform UPI would allow for consistent data across trade repositories. The report presents a UPI system where each UPI is assigned to a specific OTC derivative product, with each UPI mapping to reference data that describes the OTC product. There would be a corresponding UPI reference data library for the UPI reference data elements, and their values for each OTC derivative

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