DSB Postpones OTC Derivatives Fee Overhaul; 75% of Users Access Data Free of Charge

According to the Derivatives Service Bureau's 2026 Final Report, the DSB postponed significant pricing changes to its OTC derivatives identifier system, opting instead for a broader review of cost-sharing arrangements after industry feedback. The report reveals that approximately 75% of organisations currently consume DSB data without contributing to operational costs, raising fairness questions for its cost-recovery model.

The DSB will conduct a discovery-led review to understand how market participants use, redistribute and commercialise its data before proposing comprehensive reforms. Meanwhile, distributor fees will evolve into a tiered structure based on the number of downstream users served, with technical improvements planned for 2027 at a cost of €63,000. The organisation abandoned earlier proposals to introduce financial penalties for policy breaches in favour of technical enhancements to reduce accidental violations.