The circular mandats the generation and reporting of a Unique Transaction Identifier (UTI) for all over-the-counter (OTC) derivative transactions reported to the Trade Repository managed by Clearing Corporation of India Limited. The framework applies to rupee interest rate derivatives, forward contracts in government securities, foreign currency and interest rate derivatives, credit derivatives, and other specified instruments. UTI must be generated, which comprising up to 52 characters, including the Legal Entity Identifier of the generating entity.