Polish CCP Gains Emir Authorization

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KDPW, in turn is owned by the National Bank of Poland, the stock exchange and the Treasury.

This makes KDPW_CCP, owned by the Central Securities Repository of Poland (Krajowy Depozyt Papierów Wartościowych), the third authorized central counterparty clearing house (CCP) under Emir, the first two being Nasdaq OMX Clearing AB and EuroCCP NV.

"The positive opinion of the College, and eventually the relevant decision of the Polish Financial Supervision Authority, allow KDPW_CCP to operate as an authorized CCP across the European Union, including the addition of the interbank over-the-counter derivatives market to the authorized scope of the clearing house's services," says Iwona Sroka, CEO and president at KDPW_CCP. Sroka was recently profiled in Waters magazine.

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