How to become a clearing member - KDPW_CCP

How to become a clearing member

KDPW_CCP is an authorised clearing house operating under the authorisation to provide clearing services as a CCP granted by a decision of the Polish Financial Supervision Authority (KNF).

We provide a clearing service for exchange trades and ATS transactions, ensuring the highest level of service in accordance with the requirements of Regulation (EU) No 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC derivatives, central counterparties and trade repositories and Commission Delegated Regulation (EU) No 153/2013 supplementing it.

The safety of cleared transactions is also ensured by KDPW_CCP's own capital which can be used within the framework of the clearing guarantee system.

In accordance with provisions of Principle 18 „Access and participation requirements” included in the CPSS-IOSCO Principles for financial market infrastructures (April 2012), KDPW_CCP applies objective and publicly available participation criteria based on risk analysis which enable a non-discriminatory and open access to its services. At the same time, KDPW_CCP sets reasonable participation requirements which provide for the safety and efficiency of its activities and the markets it serves.

More information on participation