How to become a KDPW participant - KDPW

How to become a KDPW participant

KDPW offers services to entities in the financial industry, in particular investment firms, banks, issuers of securities, pension fund companies (PTE), securities markets, and CCPs.

Find out what requirements must be met by institutions to use the services of the central securities depository to the extent of a securities registration system and a settlement system for transactions in financial instruments.

KDPW provides a range of other post-trade services, including trade repository services authorised under European Union law (EMIR and SFTR) and an approved reporting mechanism (ARM). KDPW acts as a numbering agency and issues LEI codes for legal entities and ISIN, CFI, FISN codes for financial instruments. KDPW operates a compensation scheme to protect the interests of investors in the event of default of securities account operators. The requirements for institutions wishing to use KDPW’s services are described below.