Polish CSD has a change of name 04 September 2013Warsaw Reporter: Georgina Lavers
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The Polish central securities depository KDPW has been assigned a prefix, which is necessary to assign identifiers to legal entities.
The prefix has been assigned by the Regulatory Oversight Committee secretariat, and will identify codes assigned by KDPW in the global legal entity identifier (LEI) system.
Under the European Market Infrastructure Regulation (EMIR), all legal entities which trade in derivatives will be required to report trades to trade repositories.
In order to enable the identification of counterparties to derivatives trades, beneficiaries of derivatives trades, central counterparties, clearing members and brokers of derivatives trades, they need to be assigned a relevant unique identifier.
KDPW is the only institution on the Polish market authorised to assign unique global identifiers to financial instruments in public trading.
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