KDPW introduces temporary fee reductions for trade repository services
19 May 2026 Poland
Image: Sergii Figurnyi/stock.adobe.com
Krajowy Depozyt Papier贸w Warto艣ciowych (KDPW) 鈥� the National Depository for Securities in Poland 鈥� has introduced temporary fee reductions and waivers for participants using its European Market Infrastructure Regulation (EMIR), Securities Financing Transactions Regulation (SFTR) Trade Repository, and approved reporting mechanism (ARM) services.
The measures are aimed at reducing reporting costs for existing participants and encouraging new institutions to join the repository.
Under the EMIR Trade Repository changes, reduced reporting fees will apply between 1 May and 31 October 2026 for participants submitting high transaction or position volumes.
Participants reporting between 25 million and 80 million transactions or positions will pay 0.00690 Polish z艂oty (US$0.0019) per reported item, while those exceeding 80 million reports will pay PLN0.00184 per item.
KDPW has also introduced onboarding incentives for new trade repository participants joining between 1 April and 30 September 2026.
Eligible participants will receive a three-month waiver on selected transaction and position reporting fees, as well as participation and access-related fees.
For SFTR Trade Repository and ARM services, new direct participants joining between 28 April and the end of September 2026 will receive a full waiver on participation and reporting fees for their first three months.
KDPW has also introduced a six-month 20 per cent fee reduction for high-volume reporting providers.
The reduced rates apply to SFTR participants submitting more than 100,000 reports per month and ARM participants submitting more than one million reports per month.
The company said the measures are intended to strengthen the competitiveness and accessibility of its reporting services across multiple regulatory reporting regimes.
The measures are aimed at reducing reporting costs for existing participants and encouraging new institutions to join the repository.
Under the EMIR Trade Repository changes, reduced reporting fees will apply between 1 May and 31 October 2026 for participants submitting high transaction or position volumes.
Participants reporting between 25 million and 80 million transactions or positions will pay 0.00690 Polish z艂oty (US$0.0019) per reported item, while those exceeding 80 million reports will pay PLN0.00184 per item.
KDPW has also introduced onboarding incentives for new trade repository participants joining between 1 April and 30 September 2026.
Eligible participants will receive a three-month waiver on selected transaction and position reporting fees, as well as participation and access-related fees.
For SFTR Trade Repository and ARM services, new direct participants joining between 28 April and the end of September 2026 will receive a full waiver on participation and reporting fees for their first three months.
KDPW has also introduced a six-month 20 per cent fee reduction for high-volume reporting providers.
The reduced rates apply to SFTR participants submitting more than 100,000 reports per month and ARM participants submitting more than one million reports per month.
The company said the measures are intended to strengthen the competitiveness and accessibility of its reporting services across multiple regulatory reporting regimes.
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