Joint further consultation on enhancements to the OTC derivatives reporting regime for Hong Kong to mandate – (1) the use of Unique Transaction Identifier, (2) the use of Unique Product Identifier and (3) the reporting of Critical Data Elements

 

The DTI Foundation responded to the joint Hong Kong Monetary Authority (HKMA) and Securities and Futures Commission (SFC) consultation on proposals to keep up with international developments and ensure Hong Kong’s OTC derivatives reporting regime stays relevant and appropriate as the markets evolve.

 

The response outlines the benefits of leveraging the ISO 24165 DTI standard to uniquely identify crypto asset underliers for OTC derivatives regulatory reporting.

 

See the full response here.