KDPW has adopted a new resolution introducing temporary fee reductions and waivers for participants of its Derivatives Trade Repository. The changes, approved by the KDPW Management Board on 8 April 2026, are designed to support both existing and new participants by lowering reporting costs and encouraging onboarding to the repository.
Reduced Reporting Fees for High-Volume Participants
From 1 May 2026 to 31 October 2026 (covering reporting activity for April–September 2026), reduced reporting fees will apply for participants submitting high volumes of transactions or positions:
- For reporting volumes between 25 million and 80 million transactions or positions, the fee will be reduced to PLN 0.00690 per reported item.
- For volumes exceeding 80 million transactions or positions, the fee will be further reduced to PLN 0.00184 per reported item.
- Additionally, for certain reporting categories, all transactions or positions exceeding 350,000 per month will also benefit from the reduced rate of PLN 0.00184 per item.
Incentives for New Participants
KDPW has also introduced a temporary onboarding incentive for entities obtaining trade repository participant status between 1 April 2026 and 30 September 2026.
For a period of three consecutive calendar months following admission to the repository:
- Selected transaction and position reporting fees will be waived entirely (PLN 0 per reported item), provided the reported transaction was concluded no earlier than 30 days before reporting.
- Participation and access-related fees connected with repository membership will also be waived in full.
Supporting Market Development
The initiative reflects KDPW’s continued efforts to strengthen the competitiveness and accessibility of its trade repository services, while supporting institutions subject to regulatory reporting obligations under European post-trade frameworks.
The Resolution entered into force on 8 April 2026, the date of its adoption.
A resolution of the KDPW Management Board of 8 April 2026 on the reduction of fees described in the Rules of the derivatives trade repository.
