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.
Ms Iwona Sroka Dismissed from KDPW Management Board
KDPW (The Central Securities Depository of Poland) announces that the KDPW Supervisory Board has decided on 4 September 2017 to dismiss Ms Iwona Sroka as President of the KDPW Management Board.
The KDPW Supervisory Board has decided to delegate Dr Paweł Górecki, Chairman of the Supervisory Board, to perform the functions of President of the Management Board for a period up to 3 months.
The KDPW Supervisory Board has decided to open and implement a procedure for the nomination of a candidate for President of the Management Board.
SWIFT Business Forum Warsaw 2017
We are delighted to announce that the full agenda
for the SWIFT Business Forum Warsaw has now been published and can be found on swift.com
. The event, which is reserved for SWIFT customers only, will take place on 30 May 2017 at the Warsaw Stock Exchange, 4 Książęca St., Warsaw.
KDPW Group publishes ISO15022 and ISO20022 message documentation on the MyStandards platform operated by SWIFT
The KDPW Group has published the documentation of messages ISO15022 and ISO20022 used in communications with counterparties in the following areas:
- Corporate Actions (ISO20022),
- Settlement and Reconciliation (ISO15022),
- Clearing (ISO20022),
on the MyStandards platform as of March 2017.
New technical standards amending the existing regulations which govern the reporting of trades in derivatives
New technical standards published in the EU Official Journal on 21 January 2017 (the text of Delegated Regulation the text of the implementing Regulation
) amend the existing regulations which govern the reporting of trades in derivatives under Regulation (EU) No 648/2012 of the European Parliament and of the Counil of 4 July 2012 on OTC derivatives, central counterparties and trade repositories (EMIR).
KDPW among the first entities in the world accredited to issue the LEI codes
The Central Securities Depository of Poland (KDPW), which has been issuing the Legal Entity Identifier (LEI) codes since 2013, has now received the accreditation of the Global Legal Entity Identifier Foundation (GLEIF), the body responsible for ensuring the operational integrity of the Global LEI System.
SFTR/EMIR – publication of the Consultation Paper on Draft RTS and ITS
On 30th of September 2016 ESMA published Consultation Paper on Draft RTS and ITS under SFTR and amendments to related EMIR RTS
. The document incorporates the feedback received from the respondents to Discussion Paper on Draft RTS and ITS under SFTR published in April 2016. In particular, the Consultation Paper contains amendments to related EMIR RTS.
All market participants, in particular those who are obliged to report under EMIR or will be obliged to report under SFTR, are invited to respond to this paper.
All contributions should be submitted directly at ESMA website (www.esma.europa.eu
) under the heading ‘Your input - Consultations’ by 30th of November 2016.
MiFID II/MiFIR. The new European legislation – the new KDPW’s service.
KDPW (the Central Securities Depository of Poland) has taken steps to launch the Approved Reporting Mechanism ("ARM") service, , which means a person authorised to provide the service of reporting details of transactions to competent authorities or to ESMA on behalf of investment firms according to the definition laid down in Directive 2014/65/EU (“MiFID II”).