Payment System

Securities Settlement Systems

In 1996 the Committee on Payment and Settlement Systems (CPSS) and the International Organization of Securities Commissions (IOSCO) formed a joint working group to develop a disclosure framework for securities settlement systems. The working group consisted of securities settlement system operators, including both official and private sector representatives, securities regulators and central bankers.

The present Disclosure Framework for Securities Settlement Systems builds on the work of the CPSS and IOSCO by providing a protocol for the review of a securities settlement system's operation and its allocation of risks. It is intended as a tool for system operators and participants to use in discussing the risks associated with securities settlement arrangements.

The Disclosure Framework is structured in the form of a questionnaire intended to be completed by organizations that operate securities settlement systems.

National Bank of Poland has completed the Disclosure Framework.

NBP interest rates

Reference rate 6.75
Lombard rate 7.25
Deposit rate 6.25
Rediscount rate 6.80
Discount rate 6.85

Exchange rates

Table of 2022-12-09
1 EUR4.6821
1 USD4.4351
1 CHF4.7474
1 GBP5.4317
100 JPY3.2560

Economic outlook

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Narodowy Bank Polski
Świętokrzyska 11/21
00-919 Warszawa

+48 22 185 10 00
NIP: 525-000-81-98
REGON: 000002223
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