Release Number 8673-23

CFTC Staff Announces Modifications to the Technical Specification for Parts 43 and 45

March 10, 2023

— The Commodity Futures Trading Commission staff today announced the publication of modifications to Version 3.1 of the CFTC Technical Specification, issued in August 2022. The Technical Specification provides detailed instructions for swap data reporting and public dissemination requirements under Parts 43 and 45 of CFTC regulations. The Technical Specification includes the definitions, formats, and allowable values for data elements that are to be reported to swap data repositories (SDRs).

Staff is publishing modifications to the Technical Specification related to the CFTC’s issuance of an order designating a unique product identifier and product classification system to be used in swap recordkeeping and reporting. [See CFTC Press Release Number No. 8659-23]

The modifications in Version 3.2 of the CFTC Technical Specification are:

  • Implement UPI for credit, equity, foreign exchange, and interest rate asset classes to continue aligning reporting requirements with international standards developed by the CFTC and other global regulators; and
  • Provide clarity to market participants with respect to compliance obligations.

The Technical Specification, as well as other swap reporting rules, forms, and requirements, can be found on the CFTC’s website at the following addresses:

Data Recordkeeping | CFTC

Real-Time Reporting | CFTC