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In connection with the extension, by decision of the Polish Financial Supervision Authority of 31 October 2019, of the authorisation to provide services as a CCP to include activities related to KDPW_CCP S.A.’s clearing and settlement of EUA/EUAA sales transactions with respect to transactions concluded at auctions held by an auction platform; the approval, by decision of the Polish Financial Supervision Authority of 31 October 2019, of the Rules of Clearing and Settlement of EUA/EUAA Sale Transactions approved in Resolution No. 41/388/19 of the KDPW_CCP S.A. Supervisory Board dated 17 June 2019, as amended in Resolution No. 45/392/19 of the KDPW_CCP S.A. Supervisory Board dated 12 August 2019 and Resolution No. 58/405/19 of the KDPW_CCP S.A. Supervisory Board dated 9 October 2019, KDPW_CCP S.A. announces that the Rules of Clearing and Settlement of EUA/EUAA Sale Transactions have been published on its website (under Rules/Commodity market).

KDPW_CCP S.A. will be a central clearing counterparty (CCP) for EUA/EUAA sales transactions sent for clearing from the primary market operated on the relevant auction platform. Consequently, the Rules of Clearing and Settlement of EUA/EUAA Sale Transactions lays down the terms and conditions of operation of the clearing system and the settlement system for such transactions in accordance with Commission Regulation (EU) No 1031/2010 of 12 November 2010 on the timing, administration and other aspects of auctioning of greenhouse gas emission allowances pursuant to Directive 2003/87/EC of the European Parliament and of the Council establishing a scheme for greenhouse gas emission allowances trading within the Community.
Last modified: 03-11-2020 Go up