The global UPI will begin going live in several reporting jurisdictions in the not-too-distant future.  With ANNA DSB (as UPI Provider maintaining the UPI codes and reference data library) moving into the UPI production environment in October 2023, the panel will consider whether the introduction of the UPI have a wider reaching impact to trade reporting than simply reporting a new identifier?  How does the UPI align with ISIN requirements? What challenges are industry participants facing in preparing to comply with this new globally harmonized requirement?

The EMIR Refit rules introduces new fields and concepts to the EU and UK reporting regimes. The industry has been preparing to adhere to these new requirements for over a year but there are some elements that remains challenging for market participants to meet, both within the EMIR Refit regime itself as well as having global implications in some cases. With the time left until EU-EMIR Refit go-live on 29 April 2024, this panel will consider some of the reporting questions that are still outstanding, how the industry are looking to find solutions and what firms should be considering in the last six-months before commencement of the new reporting rules.

The industry has successfully advanced forward on a solution to improve the consistency of reporting and increase data accuracy through its Digital Regulatory Reporting (DRR) collaboration. Work is almost complete on the digitization of the European Market Infrastructure Regulation (EMIR) Refit rules into machine-executable open-access code which firms can use as the basis of their implementation. This panel will discuss the DRR work, and development for additional trade reporting jurisdictions including JFSA, ASIC, MAS.