Rules governing trade in financial instruments: |
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valid as of 1 January, 2018 |
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THE KDPW RULES *
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* On 1 July 2017 the amendment of the Law of Goods and Services Tax (VAT) of 11 March 2004, introduced by Law of 1 December 2016, lifted the exemption from the VAT on the fees charged by KDPW S.A. under the Table of Fees, presented in the net value, in points: for participants 5.1., 5.1.1., 8.2., 8.4., 8.5., 8.6.1., 8.6.1.1., 8.6.1.2., 8.6.2.1., 8.6.2.2., 8.6.3., 8.6.3.1., 8.6.5., 8.6.7., 8.9.3. and for issuers 6.5., 6.5.1., 7.1., 7.2., the VAT tax at the basic rate of 23% will be added
Temporary reductions
Temporary fee waiver from 1 January 2018 to 31 December 2018, inclusively:
- The fee for the settlement of asset status change operations, when performing securities transfers onto special registration accounts used to hold securities designated by participants for the purpose of making automatic securities loans, as well as when performing securities transfers from such an account onto another registration account managed for a given participant.
Resolution No. 57/694/17 of the KDPW S.A. Supervisory Board dated 13 December 2017
Temporary reduction for the period from 1 May 2018 to 31 December 2018, inclusive, of::
the fee for providing the issuer with information on persons entitled to attend a specific general meeting (item 6.5 of “Fees charged for issuers” of the Table of Fees) charged from issuers who accept the use of electronic invoices. The fee is reduced from PLN 2500 (two thousand five hundred zlotys) to PLN 2000 (two thousand zlotys).
The fee reduction applies to all issuers who have provided or will provide Krajowy Depozyt Papierów Wartościowych S.A. with a written declaration where they authorise Krajowy Depozyt Papierów Wartościowych S.A. to send invoices, correction invoices and duplicates of invoices to the them in electronic form, issued according to the template.
The reduction only applies to fees covered by invoices which may be sent to the participant in electronic form in accordance with the declaration of the participant.
Resolution of the Supervisory Board of KDPW S.A. No. 18/718/18 dated 27 April 2018
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Executive resolutions:
Resolution No 623/2016 concerning securities which cannot be recorded in securities accounts or omnibus accounts maintained by Krajowy Depozyt Papierów Wartościowych
Resolution No 1000/2011 with amendments concerning the execution of payments arising from the settlement of transactions and other operations performed by Krajowy Depozyt Papierów Wartościowych, and concerning clearing banks
Resolution No 401/17 on determining the number of persons having the relevant skills, experience or qualifications in the performance of securities registration, employed by a participant managing the registration of securities |
| THE DETAILED RULES OF KDPW |
valid as of 6 June, 2018 |
Changes - archives |
| THE REGISTRATION PROCEDURES |
valid as of 20 November, 2017 |
Changes - archives |
| THE TRADE REPOSITORY RULES |
valid as of 30 October, 2017 |
Archives |
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valid as of 1 July, 2018 |
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| THE RULES OF ENTITY IDENTIFIERS |
valid as of 2 June, 2018 |
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INFORMATION EXCHANGE SYSTEM RULES
valid as of 2 July, 2018
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INFORMATION EXCHANGE SYSTEM RULES |
| THE RULES OF THE KDPW COURT OF ARBITRATION |
valid as of 4 September, 2015 |
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| THE RULES OF OPERATION OF THE COMPENSATION SCHEME |
valid as at 1 April, 2015 |
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| Legal acts governing corporate regulations: |
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valid as of 6 March, 2018 |
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Last modified:
13-07-2018
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