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Regulations

The terms and conditions of participation and operation in the negotiated securities lending system are set out in detail in:
  • the Rules of Transaction Clearing (organised trading) (Chapter III);
  • the Detailed Rules of Transaction Clearing (organised trading) (Section 5).

The amendments related to participation and operation in the negotiated securities lending system effective as of 1 October 2014 have been introduced to relevant regulations under the following resolutions: 
  1. to the Rules of transaction clearing (organised trading):
    • Resolution No. 6/40/12 of the KDPW_CCP S.A. Supervisory Board dated 14 May 2012
    • Resolution No. 43/107/13 of the KDPW_CCP S.A. Supervisory Board dated 15 July 2013
  2. to the Detailed Clearing Rules (organised trading):
    • Resolution No. 75/14 of the KDPW_CCP S.A. Management Board dated 16 September 2014

          Resolution No. 76/14 the Management Board of KDPW_CCP S.A. dated 16 September 2014 defines the minimum contribution to the on-request loan guarantee fund.