KDPW has adopted a new resolution introducing temporary fee reductions and waivers for participants of EMIR & SFTR Trade Repository and ARM services. The changes are designed to support both existing and new participants by lowering reporting costs and encouraging onboarding to the repository.
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.
EMIR Trade 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 (ca. EUR ok. 0.0016) per reported item.
- For volumes exceeding 80 million transactions or positions, the fee will be further reduced to PLN 0.00184 (ca. EUR 0.00043) 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 (ca. EUR 0.00043) 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.
SFTR Trade Repository and ARM
From 28 April 2026, all new clients becoming direct KDPW SFTR or ARM participants within the next six calendar months (i.e. until the end of September) will benefit from a full fee waiver for the first three months. This covers all participation and reporting fees.
At the same time, we’ve also introduced a six-month 20% fee reduction for high volume providers, applicable to all reports above the following thresholds:
- SFTR TR – above 100,000 reports per month (normally around EUR 0.003 per report, reduced to EUR 0.0024 under this six-month offer).
- ARM – above 1,000,000 reports per month (normally around EUR 0.0003 per report, reduced to EUR 0.00024 under this six-month offer).
Taken together, these measures are aimed to create an even stronger and more comprehensive invitation to choose KDPW as a reporting partner across multiple regulatory regimes.
