Transaction clearing – commodities - KDPW_CCP

Transaction clearing – commodities

KDPW_CCP S.A. intends to act as a clearing house (CCP) for EUA/EUAA sale transactions that will be directed for clearing from the primary market operated on the relevant auction platform.

On 31 October 2019, the Polish Financial Supervision Authority (KNF) extended the authorisation of KDPW_CCP to include a new class of instruments under the requirements of EMIR. The authorisation allows KDPW_CCP S.A. to provide clearing services to the extent of clearing in accordance with its Statute and the Rules of Clearing and Settlement of EUA/EUAA Sales Transactions in respect of transactions concluded at auctions conducted by an auction platform.