Derivatives Service Bureau
Budget
€25 — €0
EP Access
0
accredited persons
Staff
2
0.35 FTE
EU Grants
None
Mission & Goals
The Derivatives Service Bureau (DSB) was founded by the Association of National Numbering Agencies (ANNA) in 2015 and allocates the following identifiers for OTC derivatives: • Classification of Financial Instruments (CFI) (ISO 10962) ; • Unique Product Identifier (UPI) (ISO 4914) ; • International Securities Identification Numbers (ISINs) (ISO 6166) ; and • Financial Instrument Short Names (FISN) (ISO 18774) ; The ISIN, UPI, CFI and FISN are globally recognised and adopted ISO (International Organization for Standardization) standards for identifying, classifying and describing OTC derivatives. The identifiers are used in regulatory reporting. The DSB’s purpose is to bring greater transparency to, and integration within, the OTC derivatives market, enabling institutional investors to standardise data and providing national and trans-national regulators with higher quality data for their supervisory activities.
EU Legislative Interests
Regulations impacting OTC derivatives and market and reference data: in particular – Markets in Financial Instruments Regulation/Directive (MiFID II/MiFIR/MiFIR Review); European Market Infrastructure Regulation (EMIR).
Communication Activities
DSB participated on a panel at the European Commission’s Workshop on OTC derivatives identifiers on 16 January 2024: https://finance.ec.europa.eu/events/workshop-otc-derivatives-identifier-2024-01-16_en
Interests Represented
Promotes their own interests or the collective interests of their members
Member Of
The Derivatives Service Bureau (DSB) was founded by, and is a subsidiary of, the Association of National Numbering Agencies (ANNA) to allocate identifiers (ISIN, UPI, CFI FISN) for OTC derivatives: https://anna-web.org/derivatives-service-bureau/
Organisation Members
The DSB does not have members/affiliates (partners, sponsors). The DSB is an industry utility (subsidiary of ANNA as noted above) with the majority of its users non-fee paying. The DSB's user community comprises over 3,000 individuals across approximately 650 organisations. The DSB has three the industry representation groups with industry participants and regulator observers - listed on the website (links below): The Product Committee: https://www.anna-dsb.com/product-committee/ The Technology Advisory Committee: https://www.anna-dsb.com/technology-advisory-committee/ The Governance Advisory Committee: https://www.anna-dsb.com/governance-advisory-committee/
Commissioner Meetings
No recorded meetings with EU commissioners.