#	UPI Implementation Milestones	Date(s)
1	1st UPI Fee Model Consultation period	11th Jan – 5th Mar 2021
2	List of Product Templates published for user information	30th Apr 2021
3	Draft API and Connectivity Specifications (rules of engagement) published	30th Apr 2021
4	2nd UPI Fee Model Consultation paper published	10th May – 9th Jul 2021
5	Industry Feedback window closes for 2nd UPI Fee Model Consultation	9th Jul 2021
6	Responses to the 2nd UPI Fee Model Consultation published	30th July 2021
7	Draft UPI Product Template documentation published	1 Aug 2021
8	UPI Fee Model Consultation Final Report published	27th Sep 2021
9	Publication of DSB UPI Legal Terms and Conditions Consultation Paper	2nd Nov 2021
10	UPI Legal Consultation - Explanatory Webinar 1	9th Nov 2021
11	UPI Legal Consultation - Explanatory Webinar 2	10th Nov 2021
12	UPI Legal Consultation - Industry feedback deadline	19th Jan 2022
13	Publication of DSB UPI Legal Terms and Conditions Consultation Final Report + UPI Access and Usage Agreement	12th Apr 2022
14	UPI Product Templates finalized and published	TBC* - available 15 months ahead of the first major regulatory reporting mandate
15	UPI Technical Specifications for API connectivity finalized and published	TBC* - available 15 months ahead of the first major regulatory reporting mandate
16	Internal DSB Quality Assurance Testing of UPI Platform	TBC*
17	UPI User Acceptance and Integration Testing Commences + User on-boarding commences	TBC* - available 9 months ahead of the first major regulatory reporting mandate
18	UPI Production system available – live UPIs can be created, searched and reported	TBC* - available 3 months ahead of the first major regulatory reporting mandate

*The DSB is working with regulators to ascertain revised UPI regulatory reporting mandates, and will provide an update in due course. Sign up here to receive updates from the DSB about the UPI service (select "UPI Notifications")