Industry mulls challenging Isins through global identifier
Success of UPIs could be catalyst for European rethink on unpopular derivatives identifier
Numbers game: Esma has chosen Isins for Mifid II, but could it be persuaded to change its mind?
The board of the International Swaps and Derivatives Association could vote later this month on whether to set itself up as the issuer for a new form of global derivatives identifier.
If the unique product identifier (UPI) takes off, it could replace the international securities identification number (Isin), which has been required for derivatives under European rules since the start of this year. And if Isda – or an Isda-supported utility – were chosen as the issuer, it could threaten the role
More on Regulation
Most read on Risk.net
- People moves: SocGen adds in prime services, Deutsche fills new rates hole, HSBC makes model move, and more
- Credit risk quants are hitting the tech gap
- Princeton tops inaugural Risk.net quant master’s ranking
- Does credit risk need an expected shortfall-style revamp?
- Teach history to avoid mistakes of yesterday’s quants
Back to Top