Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 22 JULY 2026

Unique Product Identifiers – ANNA-DSB & The UPI

TRAction
Explore more from TRAction

The Unique Product Identifier (UPI) serves as a critical component of common data elements under EMIR, UK EMIR, ASIC, and MAS regulations, designed to identify OTC derivative products in transaction reporting. This article explores how UPIs work alongside Legal Entity Identifiers (LEIs) and examines the role of ANNA-DSB as the centralized service provider managing the UPI Reference Data Library. Understanding the methods for obtaining and creating UPIs is essential for firms navigating derivative transactio

AustraliaFinance and Banking
Quinn Perrott
Quinn Perrott
Author LinkedIn connections

The Unique Product Identifier (UPI) is a new field and a component of the common data elements (CDE) which apply under EMIR, UK EMIR, ASIC and MAS. Its purpose is to identify an OTC derivative product, and is mandated for use alongside the existing Legal Entity Identifier (LEI). The LEI identifies the parties to a derivative trade, whilst the UPI identifies what derivative product that was traded.

The UPI is built from reference data components which sit in the UPI Reference Data Library on ANNA-DSB. The use of UPIs is the same for EMIR, ASIC, MAS, and CFTC – read more here in the context of their application under UK EMIR.

The UPIs from the UPI Reference Data Library are managed and shared by ANNA-DSB in a similar manner to ISINs. (See more from ANNA-DSB). Having one centralised place for UPIs aims to reduce inconsistency and will hopefully reduce the volume of reportable fields in the future, as many separate data elements can be obtained from the UPI.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Australia's Enhanced Substantial Holding Disclosure And Beneficial Ownership Disclosure Regime Comes Into Effect From 4 December

Australian financial markets face a fundamental shift in disclosure requirements from December 2026, as new rules expand substantial holding obligations beyond traditional voting interests to capture derivative positions and economic exposure. Market participants must now navigate complex calculations involving physically settleable derivatives, cash-settled instruments, and offsetting short positions—with no grandfathering for existing holdings.
AustraliaFinance and Banking
K&L Gates
K&L Gates
Article

New Payment Models Face A Broader Licensing Regime

Australia's payment services landscape is undergoing a fundamental regulatory transformation with the introduction of new legislation that shifts focus from specific technologies to the functions and activities performed by payment service providers. The Treasury Laws Amendment Bill 2026 will replace the existing non-cash payment facility framework with a comprehensive licensing regime that distinguishes between payment products and payment services, potentially capturing previously unregulated payment
AustraliaFinance and Banking
McCabes
McCabes
Article

Australia's Updated Financial Innovation Strategy

The Australian Government has unveiled its Financial Innovation Strategy, introducing a new Financial Innovation Committee and overhauling the Enhanced Regulatory Sandbox framework to better support emerging businesses testing innovative financial products. The strategy encompasses reforms across consumer data rights, digital assets, tokenised infrastructure, and regulatory frameworks designed to position Australia as a leader in financial innovation.
AustraliaFinance and Banking
K&L Gates
K&L Gates
Video

Insights Into Maintaining Financial Control In The Property And Construction Sector. (Video)

Construction businesses can appear profitable while facing severe cash flow crises. Victor Zhou, a fractional CFO specializing in construction, reveals why cash shortages develop in building and development firms, how to spot warning signs before it's too late, and why securing additional funding often masks deeper structural problems that continue draining resources.
AustraliaFinance and Banking
Cathro & Partners
Cathro & Partners