Business continuity tests with the participation of market participants
On 13 October 2018 KDPW_CCP S.A. in partnership with KDPW S.A., the Warsaw Stock Exchange, and BondSpot S.A. are planning to run business continuity tests with the participation of market participants.
The test will check the contingency solutions and procedures applicable in the event of a crisis where the capital market infrastructure institutions need to relocate their operation to the back-up sites.
The periodic testing is required under the law and the generally accepted standards. § 32 of the Rules of Transaction Clearing (organised trading) and § 36 of the Rules of Transaction Clearing (non-organised trading) require all clearing members to participate, at least once per year, in tests of the Business Continuity Planning System run by KDPW_CCP.