The sequence of activating clearing guarantee system resources
debits of the defaulting member
margins posted by the defaulting member
resources of the relevant fund contributed by the defaulting member
KDPW_CCP dedicated resources (depending on their allocation to the fund)
contributions of other KDPW_CCP members to the relevant fund
KDPW_CCP on capital
(up to 110% of the capital requirement)
(up to 110% of the capital requirement)
additional contributions of other KDPW_CCP clearing members
(up to 50% of contributions as per the last update)
(up to 50% of contributions as per the last update)
other own capital of KDPW_CCP
Email address for notifications of a declaration of bankruptcy or the opening of a restructuring procedure, issuance of a ruling, judgment or decision by the court or competent authority concerning liquidation, suspension or limitation of the activity of a participant, in accordance with § 1(3) of the Regulation of the Council of Ministers of 3 October 2014 concerning the procedure of giving notifications to the National Bank of Poland, the Polish Financial Supervision Authority, and operators of payment systems and securities settlement systems: ccp@kdpw.pl