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Legal Principles of Operation

The legal basis of the operation of the National Depository for Securities is laid down in the following legislation:

  1. Operating regulations:

  • Act on Trading in Financial Instruments; Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies;
  • Act on Capital Market Supervision; 

Other Acts regulating the financial market including the Act on Settlement Finality in Payment and Securities Settlement Systems and the Rules of Oversight of these Systems;

  • Act on Organisation and Operation of Pension Funds;
  • Rules of the National Depository for Securities; 
  • Regulations issued on the basis of the NDS Rules: 
  • Detailed Rules of Operation of the National Depository for Securities; 
  • Registration Procedures of the National Depository for Securities – Annex to the Detailed Rules of Operation of the National Depository for Securities;
  • Rules of the Court of Arbitration at the National Depository for Securities;
  • Rules of the Settlement Guarantee Fund;
  • Rules of the Guarantee Fund Securing the Clearing of Transactions Executed in the Alternative Trading System Organised by the Warsaw Stock Exchange;
  • Rules of the Guarantee Fund Securing the Clearing of Transactions Executed in the Alternative Trading System Organised by BondSpot S.A.;
  • Rules of Operation of the Compensation Scheme;
  • Rules of Transfer Payments between Open-ended Pension Funds;
  • National Depository for Securities Rules of Behaviour for Prevention of Introduction to Financial Trading by KDPW Clients of Assets Originating from Illegal or Undisclosed Sources and Financing of Terrorism;
  • Rules of the Exchange Clearing House of the National Depository for Securities;
  • Regulations issued under the Rules of the Exchange Clearing House of the National Depository for Securities: Detailed Rules of Establishing Collateral, Clearing and Settlement of Transactions Executed on the Warsaw Stock Exchange Commodity Market poee by the Exchange Clearing House of the National Depository for Securities;
     

2. Corporate regulations:
 

  • Code of Commercial Companies; 
  • Statute of the National Depository for Securities; 
  • Rules of the General Meeting of the National Depository for Securities; 
  • Rules of the Supervisory Board of the National Depository for Securities; 
  • Rules of the Management Board of the National Depository for Securities; 
  • Organisational Rules of the National Depository for Securities.
Last modified:15-11-2011 Go up