KDPW Rules

• the planned introduction of the possibility to register securities introduced to the depository through issue agents referred to in Article 7a of the Act of 29 July 2005 on Trading in Financial Instruments on the date when the issue agent registers the registration form submitted in the case in the “Issue Registration” application; and
• to specifying the conditions for the admissibility of partial settlement of transactions in relation to transactions concluded by the National Bank of Poland as part of open market operations.

Amendments that came into effect on 2 September and 26 August 2024,

Amendments that came into effect on 8 July 2024,

Amendments that came into effect on 31 May 2024,

Amendments that came into effect on 1 January 2024,

Amendments that came into force on 31 May 2023

Amendments that entered into force on 10 February 2022

adopted in Resolution No 49/936/21 of the KDPW Supervisory Board of 8 October.
The introduced amendments related in particular to:
1 / the easing of certain formal requirements relating to documents that should be appended to applications submitted to KDPW by participants or entities applying for participation;
2 / the introduction of additional control mechanisms to prevent the risk of introducing securities to the depository, the registration of which would first require the notification procedure, referred to in Art. 23 of CSDR, to be initiated;
3 / the update of provisions relating to the special procedure for introducing shares and subscription warrants issued before March 1, 2021, to the depository;
4 / rules for settlement of payment between KDPW and a direct participant making an incoming intersystem transfer of securities from a foreign CSD, in the event that a foreign CSD has settled the so-called market claims related to this transfer.