KDPW Group 2021 Summary
The year 2021 was a difficult time due to the ongoing pandemic. However, if you look objectively at the developments on the capital market, it was an exceptionally good year. Encouraged by high market turnover, many new listings, rising capitalisation and growing key indices, new individual investors joined the market. According to data received by KDPW from banks and brokerage houses, the number of brokerage accounts reached 1,356 thousand at 30 November 2021, which is over 26 thousand more than at the end of 2020 and 110 thousand more than at the end of 2019.
Development of the KDPW Data Portal: New Reports and Fees for Selected Data
The KDPW Data Portal was launched on 3 February 2021 and is available at https://data.kdpw.pl. The new service has been designed with a view to gradual replacement of the legacy statistics presentation system with a product offering higher quality and new functionalities.
Modifications to KDPW and KDPW_CCP IT systems scheduled in 2022
Modifications to KDPW and KDPW_CCP IT systems scheduled in 2022 - presentation from the meeting with Participants
KDPW Supports Growth of the Capital Market with an Active Pricing Policy
The KDPW Group as a key infrastructure institution actively supports the growth of the Polish capital market and its participants. In pursuit of a strategy of business expansion through revenue diversification and service development, the KDPW Group regularly reduces its fees and offers temporary fee reductions in order to stimulate selected market segments.
KDPW Named 2021 Financial Brand of the Year
KDPW has been named 2021 Financial Brand of the Year in the Capital Market category by Gazeta Finansowa (polish financial weekly). KDPW was awarded for the implementation of innovative services and technologies which support the development of the Polish capital market.
Switch from UnaVista TR SFTR to KDPW TR SFTR
If you need to transfer your EU SFTR regulatory reporting from UnaVista, there is no better time than now to switch to KDPW TR.
Insurance against Financial Consequences of Operational Risk
Krajowy Depozyt Papierów Wartościowych S.A. (KDPW) has renewed an insurance contract with Colonnade Insurance S.A. with a sum insured of PLN 100 million. The contract valid until 30 June 2022 insures KDPW S.A. and KDPW_CCP S.A. against operational risk of the activity of both companies.
KDPW Introduces Multi-annual LEI Renewal Fees
KDPW introduces the option of advance payment of LEI renewal fees for periods ranging from 2 to 5 years as of 1 July. The longer the renewal period, the bigger the discount, up to 23 percent.
KDPW on the ANNA Board of Directors
The Association of National Numbering Agencies (ANNA) has announced on 18 June 2021 the appointment of Krajowy Depozyt Papierów Wartościowych (KDPW) represented by Mr Sławomir Zając, Director of the KDPW Trade Repository, to the ANNA Board of Directors.
KDPW Reduces Settlement Fees
The fees “for the performance of another type of settlement, which includes a cash payment and non-cash payment” (point 4.3 of the section “Fees charged to KDPW direct participants” in the KDPW Table of Fees) will be reduced from PLN 4 to PLN 2 for IPO transactions executed using the Warsaw Stock Exchange IT system in the period from 1 June to 31 December 2021.
KDPW Management Board of a New Term
The Supervisory Board of Krajowy Depozyt Papierów Wartościowych (Central Securities Depository of Poland, KDPW) at its meeting on 20 May 2021 has appointed the KDPW Management Board for a new term of office. All Management Board members have been re-elected: Maciej Trybuchowski as President, Dr Paweł Górecki as Vice-President, Sławomir Panasiuk as Vice-President, and Michał Stępniewski as Vice-President.
KDPW Makes Voting Digital
Digitisation and automation have become key trends in the financial industry and other sectors of the economy. The trend has accelerated in the last months as the pandemic forced us to face a new reality with limited daily human interactions. Technology and remote communications offer a way out. However, security of solutions has been critical to many processes. To address those expectations, KDPW (the Central Securities Depository of Poland) offers two new services: eVoting which supports remote voting at general meetings, and eVoting-board which supports voting at remote meetings of corporate boards. Those solutions are available in a web browser so our clients do not need to install additional software. As an authorised institution of capital market infrastructure, KDPW ensures non-repudiation, confidentiality, and security of information and systems.
KDPW and KDPW_CCP President Maciej Trybuchowski Named 2021 Manager of the Year
President of the central securities depository KDPW and the clearing house KDPW_CCP has been named 2021 Manager of the Year by the monthly Home&Market. The KDPW Group chief executive has been awarded for regular implementation of services and solutions which deploy new technology.
Independent Third-Party Assessment of KDPW and KDPW_CCP Internal Audit Function
KPMG Advisory spółka z ograniczoną odpowiedzialnością sp.k. (KPMG) completed a project in Q1 2021 to deliver an independent third-party assessment of the internal audit function provided by the Internal Audit Department at KDPW and KDPW_CCP. In the opinion of KPMG’s auditors, internal audit in the KDPW Group companies complies with the highest international standards fulfilled only by a small proportion of audited institutions.
KDPW Reduces Fees Charged from Issuers
KDPW has reduced fees for disclosure of shareholder identification to companies holding general meetings. The fee for the service has been reduced by PLN 1,000 from PLN 2,500 to PLN 1,500. Issuers whose shares are recorded in KDPW will save approximately PLN 800 thousand.