DSB announce OTC ISIN and CFI service provision consultation paper
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DSB announce OTC ISIN and CFI service provision consultation paper 29 April 2022UK Reporter: Carmella Haswell
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The Derivatives Service Bureau (DSB) has announced the release of the annual over-the-counter (OTC) International Securities Identification Number (ISIN) and Classification of Financial Instrument (CFI) service provision consultation paper.
The focal points of the paper will be remediation work, enterprise-wide risk monitoring tools and enhancements to the DSB Graphical User Interface (GUI).
The DSB is also seeking feedback on whether the organisation should continue to offer Virtual Private Networking connectivity as part of the cost recovery service, and on the roll-out of the Client Onboarding and Support Platform (COSP) to OTC ISIN Users.
Emma Kalliomaki, managing director of ANNA and the DSB, explains: “The annual industry consultation is instrumental in shaping an operating model that helps bring efficiency and harmonisation to the market.
“Collaboration with stakeholders remains at the core of DSB principles, and we value all feedback provided through the consultation process and via our industry representation groups.”
Respondents are invited to provide feedback on the consultation paper, shaping DSB activity for 2023, before 17:00 UTC on 30 May. The final report is due to be published on 30 June 2022.
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