KDPW, the Central Securities Depository of Poland, hosted the Warsaw Global SMPG Meeting on 24-26 September. Nearly 40 representatives of financial institutions from around the world came to Warsaw.
The KDPW headquarters hosted the SMPG Plenary Session as well as the Corporate Action and the Settlement and Reconciliation working groups.
In their free time, our guests had the opportunity to discover Warsaw and the local cuisine.
The mission of the Securities Market Practice Group (SMPG) is to develop global market standards and practices in the areas of securities settlement, corporate actions, and investment fund operations. The Group comprises around 60 representatives from custodian banks, brokerage houses, investment management firms, central securities depositories and regulatory authorities.
Representatives of KDPW actively participate in the work of SMPG. KDPW coordinates the work of the National Market Practice Groups in the areas of Settlement and Reconciliation and Corporate Actions. Group coordinators represent the Polish market in the global SMPG structure.