Deterioration in the standard and reliability of services caused by force majeure events (accidents or intentional conduct, natural disasters, etc.) may result in disruptions in the operation of the market and discontinuity in the provision of certain services to market participants, which may lead to loss of both domestic and foreign investor confidence.
In order to minimise risks in the KDPW Group, a Business Continuity Planning System (BCP) has been established. The Business Continuity Planning System is understood as a set of technical and organisational measures which, in the event of a major failure or disaster, enable the continuity or the fastest possible recovery of the key business processes while minimising the impact of the situation on the operation of the KDPW Group companies and other capital market institutions.
On 12 October 2024 KDPW_CCP in partnership with KDPW, Warsaw Stock Exchange and BondSpot conducted the business continuity tests with their Participants. The tests have checked the KDPW_CCP and KDPW solutions and procedures put in place to ensure business continuity in the case of a contingency. Periodic tests, including tests with Participants, are required from the perspective of applicable law and generally accepted standards.