KDPW Trade Repository Offers Fee Reductions
Annual fees charged to new clients of the KDPW Trade Repository who join KDPW_TR from 1 April to 31 December 2019 have been reduced by 60 percent on average. The reduction applies to all types of participation involving data reporting and data access.
KDPW Reduces Settlement Fees
Fees for the settlement of transactions in organised trading will be reduced by 25 percent. The KDPW Supervisory Board has passed the relevant resolution at the request of the Management Boars. The reduced settlement fees will apply from 1 July to 31 December 2019.
For 24 years, we have offered services protecting the stability of the financial market
7 November 2018 marks 24 years since the inception of Krajowy Depozyt Papierów Wartościowych as a stand-alone company. Today, KDPW is a vibrant capital group which offers complementary post-trade services compliant with international standards and regulatory requirements to entities from many sectors of the economy active on the Polish market.
Poland Is Upgraded to Developed Markets in the FTSE Russell Classification
The Polish capital market was upgraded to Developed Markets in the FTSE Russell classification on 24 September 2018. The key drivers of the upgrade included the quality of infrastructure in the area of services offered by the KDPW Group.
LEIs Now Available Also from a Bank
A partnership between KDPW and PKO Bank Polski sets a new standard in the issuance and maintenance of LEI codes. The LEI is a unique global identifier of legal entities operating on financial markets. Legal entities are required to obtain and use LEIs under European legislation including EMIR, REMIT, MiFID II / MiFIR, CSDR and SFTR. The LEI standard has been introduced to improve the transparency and safety of financial markets.
Changes on the KDPW Management Board
The Supervisory Board of Krajowy Depozyt Papierów Wartościowych (KDPW, The Central Securities Depository of Poland) has appointed Mr Maciej Trybuchowski as President of the KDPW Management Board as of 10 September 2018. The Supervisory Board has appointed Mr Paweł Górecki as Vice-President of the KDPW Management Board as of 6 August 2018.
Polish Financial Supervision Authority Authorises KDPW as ARM
On 31 July 2018, the Polish Financial Supervision Authority (KNF) authorised Krajowy Depozyt Papierów Wartościowych (KDPW, The Central Securities Depository of Poland) to provide transaction reporting services as an Approved Reporting Mechanism (ARM). As an ARM, KDPW is authorised to provide transaction reporting services in the European Union.
KDPW’s communication on the opinion of the Polish market re. joining TARGET2-Securities
KDPW (The Central Securities Depository of Poland) has consulted members of the user group T2S NUG_PL and decided to reassess in 2020 the merits of joining TARGET2-Securities with PLN and EUR settlements. The future assessment will take into account the experience of the Danish market which is planning to migrate the Danish krone to T2S in October 2018.
KDPW Reduces LEI Issuance and Renewal Fees
The fees for the issuance and renewal of LEIs in KDPW will be reduced by 20 percent on average as of 1 July 2018. KDPW is the only Polish institution authorised to issue LEIs in the Global LEI System. The issuance of LEIs is a part of the integrated portfolio of KDPW Group services which support the operation and development of the Polish financial market.
KDPW Group at International Derivatives Expo in London
The KDPW Group and the Warsaw Stock Exchange are taking part in the International Derivatives Expo (IDX) held in London on 4 – 6 June 2018. KDPW and KDPW_CCP are introducing international participants to services dedicated to the derivatives market.
Hungarian CSD Keler Is KDPW’s Member
Krajowy Depozyt Papierów Wartościowych (KDPW) and the Hungarian central securities depository Keler Ltd. have signed an agreement to establish an inbound DvP operational link for KDPW. As a result, Keler has become a direct member of KDPW.
Reduction of Fees for General Meeting Services
KDPW supports ISO20022 settlement messages
kdpw_stream supports selected ISO20022 settlement messages (Settlement and Reconciliation) since 20 November 2017.
KDPW and IBM Develop Poland’s First Prototype eVoting Solution for Capital Markets Powered by Blockchain
New Blockchain Solution to Enhance Investors’ Customer Experience and Streamline Shareholder Meeting Preparation Process
KDPW Files an Authorisation Application under CSDR
On 29 September 2017, Krajowy Depozyt Papierów Wartościowych (KDPW, The Central Securities Depository of Poland) has filed an application for authorisation under CSDR* with the Polish Financial Supervision Authority. CSDR defines, among others, single requirements for central securities depositories in the European Union. The authorisation will confirm that KDPW is ready to provide services under the EU standards across the European Union, including the registration and safe-keeping of financial instruments and the settlement of transactions.