The FSA in the UK has released its Quarterly Consultation Paper that outlines three new categories of OTC derivatives in order to improve the accuracy of the data that it receives for its oversight role. In a nut shell these are 1) Options on financial stocks 2) CFDs on financial stocks and 3) Anything too exotic to sit in any category. You can find the full paper here or the relevant points are copied below:

Introduction of three new derivative type classifications
5.10 SUP 17 Annex 1 (Minimum content of a transaction report) outlines the fields that constitute the content of a transaction report. Where the transaction involves an OTC derivative the derivative type field must indicate the derivative type e.g. option, future, contract for difference (CFD), warrant, spread bet, credit default swap or other swap. We propose to introduce three new derivative type classifications.
5.11 First, we propose to introduce a new derivative type classification to identify a spread bet on an option admitted to trading on a regulated market or prescribed market where the underlying is a single equity financial instrument admitted to trading on a regulated market or prescribed market.
5.12 Transactions in these OTC derivatives have frequently been the focus of our market abuse investigations; however, they cannot easily be classified in a transaction report using the existing derivative type classifications. This new derivative type classification should enable firms seeking to report transactions in these OTC derivatives to classify them more easily and improve our ability to monitor them.
5.13 Second, we propose to introduce a new derivative type classification to identify a contract for difference on an option admitted to trading on a regulated market or prescribed market where the underlying is a single equity financial instrument admitted to trading on a regulated market or prescribed market. We believe this amendment will help firms classify these OTC derivatives more easily and accurately and improve the quality of data we receive.
5.14 Where the new derivative types of spread bet on an option on an equity and CFD on an option on an equity are used, the maturity date, put/call field and strike price fields will be mandatory and must be used to indicate the terms of the underlying option. Issuers must use the underlying instrument identification field to identify the underlying equity.
5.15 Third, we propose to introduce a new derivative type classification to be used to identify derivatives that are too complex for the other derivative type classifications i.e. option, future, CFD, warrant, spread bet, credit default swap or other swap and, as proposed here, spread bet on an option on an equity and CFD on an option on an equity.
5.16 Some firms made us aware that some derivatives are too complex to be classified accurately using the existing derivative type classifications. For example, when reporting a transaction in an OTC option it is mandatory to fill in a put/call field and a strike price field. However, some complex derivatives cannot be classified as a put or a call option at the time the transaction is entered into. Some complex derivatives, such as chooser options, allow the purchaser to choose whether the option is a call or a put on a particular date in the future. In addition, the strike price of a complex derivative is not always known at the time the transaction is entered into and is instead based on the average price over an averaging period. Some complex derivatives do not have a pre-determined strike price and instead calculate a strike
price from the average price over a defined averaging period in the future.
5.17 We recognise that firms needing to report transactions in these complex derivatives have difficulties choosing the appropriate derivative type classification and populating the put/call field and/or the strike price field and/or the maturity date field. The introduction of this new derivative type classification will help firms as where this classification is used the put/call field, the strike price field and the maturity date field may be left blank where these values are not known. Where firms are able to fill in these three fields, this classification must not be used and firms must
instead use the appropriate derivative type classification.
5.18 We will publish a new technical specification for approved reporting mechanisms (ARMs) to advise them of the above amendments. All ARMs will need to amend their technical specifications accordingly and firms executing transactions in these OTC derivatives may need to make some changes to their internal systems.
5.19 We will update our Transaction Reporting User Pack to help firms implement these changes. We will publish this on the transaction reporting section of our website at www.fsa.gov.uk/transactionreporting.