Participation types

The following institutions or bodies may become participants in the depository-settlement system on the basis of a participation agreement:

1. Entities entitled to keep securities accounts: [+] investment firms and banks keeping securities accounts,
2. Entities that do not keep securities accounts but are entitled to carry out brokerage activities, provided that their participation aims to contribute towards performing the activities referred to in § 1 subpara. 2 of these Rules,
3. [+] Securities issuers,
4. Other financial institutions, including:
   • banks,
   • insurance companies,
   • pension funds and trust fund corporations, provided that they invest funds on the securities market on their own account,
5. Incorporated entities or organisations domiciled outside the Republic of Poland, which perform activities relating to the central registration of securities or settlement of securities transactions.

For more detailed information, please refer to the Rules of the National Depository for Securities, Section II - [+] PARTICIPATION IN THE NATIONAL DEPOSITORY FOR SECURITIES