
This consultation opened on 30 April 2026 and closes on 29 May 2026, with a final consultation report to be published on 17 July 2026.
The consultation paper seeks to obtain industry views on several topics: fair allocation of cost and potential user model changes, proposed evolution of the Distributor user type, refinement of classification and communication regarding Acceptable Use breaches and functionality and alternative cost models for the Alternative Identifier functionality. The document presents information for market participants’ review and feedback.
A webinar to address consultation related queries will take place on Wednesday 13 May 2026. The webinar sets out the key themes in the DSB Consultation Paper of 2026.
| Milestone | Date |
|---|---|
| Publication of DSB OTC ISIN, UPI and CFI Consultation Paper (CP) | Thu 30 Apr 2026 |
| Webinar [LINK] | Wed 13 May 2026 |
| Industry feedback on the CP | Thu 30 Apr – Fri 29 May 2026 |
| TAC meeting on industry feedback | Wed 17 Jun 2026 |
| Final Consultation Report publication | Fri 17 Jul 2026 |
| 2027 Draft User Agreement (UA) publication | Tues 4 Aug 2026 |
| Deadline for industry feedback on proposed UA changes | Thu 27 Aug 2026 |
| 2027 Final User Agreement (UA) publication | Thu 24 Sep 2026 |
| User termination deadline | Thu 1 Oct 2026 |
| Annual User fees for 2027 calculated | Fri 2 Oct 2026 |
| 2027 User fees published | Wed 7 Oct 2026 |
The Derivatives Service Bureau (DSB) Limited is a company registered in England and Wales (No. 10542063)
LEI: 529900ORI6ALO8ABW676
Registered Address:
The Derivatives Service Bureau (DSB) Limited,
Randall House,
6 Dowgate Hill,
London, EC4R 2SU,
United Kingdom
© 2026 The Derivatives Service Bureau (DSB) Limited. All Rights Reserved.