25 May 2017

44975

Retired Member

2,621Posts 9,025,086Views 2,769Comments
Finextra community

Financial Services Regulation

This network is for financial professionals interested in staying up to date on financial services regulation happening anywhere in the world. CFOs, bankers, fund managers, treasurers welcome.

ESMA advice on fees for trade repositories

16 April 2013  |  1572 views  |  0

The European Securities and Markets Authority (ESMA) has published its advice to the European Commission following feedback received from the February consultation paper.  The advice sets out the fees structure that ESMA will use to charge Trade Repositories (TR) in order to recover all expenditure relating to registration and supervision of TRs and the reimbursement of any costs that competent authorities may have incurred.

 

For registration as a TR - ESMA proposes to levy specific administrative fees since they better represent and align with the workload for each TR.

For on-going supervision - ESMA proposes to charge a periodic annual fee proportionate to the level of turnover of the TR with a minimum fee of 30,000 Euros.

 

RELATED LINK

http://www.esma.europa.eu/system/files/2013-302.pdf

 

Comments: (0)

Comment on this story (membership required)

Latest posts from

Retired's profile

job title
location
member since 2014
Summary profile See full profile »

Retired's expertise

Member since 2009
2613 posts2,769 comments
What Retired reads

Who's commenting on Retired's posts

Ketharaman Swaminathan
Deepthi Rajan
Melvin Haskins
Urs Meier
Steven Hatton
Ahmed Saleh
Tayloe Draughon
João Bohner
Kunal Patel
Graham Seel
Melba Foggo
Nikhil Thadani