Modifications under implementation

In connection with the decision of the Polish Financial Supervision Authority of 25 November 2024 approving the amendments to the Rules of the ATS Guarantee Fund adopted in Resolution No. 29/638/24 of the KDPW_CCP S.A. Supervisory Board dated 26 June 2024, the amendments enter into force on the 1st January 2025.

The amendments are designed to:
 
  • align the aforementioned Rules with Articles 65 and 66 of the Act on Trading in Financial Instruments, as amended - amendment of the legal basis for the regulation;
  • changes to the provisions regarding fund accession - a declaration will not be required in order to join a fund (making the first payment to a fund will be tantamount to joining the fund).

The content of the new Rules of the ATS Guarantee Fund remains unchanged for existing participants as compared to the previous wording.