CPMI-Iosco issues report on key data for future derivatives reporting
Document sets out proposed principles for reporting derivative markets products
A joint working group of two major setters of financial standards issued a second consultative document on what may become a key element of future derivatives reporting on August 18.
In the report, the 'harmonisation group' of the Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (Iosco) sets out its vision of the key principles behind creating a Unique Product Identifier (UPI) for over-the-counter derivatives markets.
Progress
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