Draft ECB Regulation on supervisory fees

Object of the consultation

Object of the consultation

This consultation gives interested parties the opportunity to comment on the draft ECB Regulation on supervisory fees.

The draft Regulation sets out the arrangements under which the ECB will levy and collect the annual supervisory fee for expenditure incurred in relation to its supervisory tasks.

In particular, it establishes the methodology for:

• determining the total amount of the annual supervisory fee;
• calculating the individual amount to be paid per supervised entity or group.

Background

Under the EU Regulation governing the Single Supervisory Mechanism (SSM Regulation), the ECB is required to levy an annual supervisory fee on supervised entities, i.e. credit institutions established in the participating Member States and branches established in a participating Member State by a credit institution established in a non-participating Member State. The fee is to cover expenditure incurred by the ECB in relation to the tasks conferred on it under Articles 4 to 6 of the SSM Regulation. The amount of the fee levied on an individual supervised entity is to be determined in accordance with arrangements established by the ECB.

Public hearing

Public hearing on 24 June

The ECB held a public hearing at its premises in Frankfurt am Main on 24 June 2014.

Programme for the public hearing

Public consultation documents

Comments received

Comments received

In total, 31 submissions were received.

CP2-Association for Financial Markets in Europe (AFME) CP2-Association of Danish Mortgage Banks CP2-Association of Foreign Banks CP2-Association of Lithuanian Banks CP2-Austrian Federal Economic Chamber CP2-Avramikos CP2-Banco Bilbao Vizcaya Argentaria (BBVA) CP2-Banco Popular CP2-Banco Popular (Letter) CP2-Banco Santander CP2-Bank of Valletta CP2-Christodoulou CP2-Deutsche Börse Group CP2-Dutch Banking Association CP2-European Association of Co-operative Banks CP2-European Banking Federation CP2-European Savings and Retail Banking Group CP2-Federal Association of Securities Trading Firms, Germany CP2-Federal Ministry of Finance CP2-Federal Republic of Germany, Federal Ministry of Finance (Letter) CP2-Federation of Finnish Financial Services CP2-Finnish Ministry of Finance CP2-French Banking Federation CP2-Genossenschaftsverband Bayern CP2-German Banking Industry Committee-de CP2-German Banking Industry Committee-en CP2-Intesa Sanpaolo CP2-Italian Banking Association CP2-LCH Clearnet CP2-National Bank of Romania CP2-Polish Bank Association CP2-Royal Bank of Scotland CP2-Spanish Banking Association CP2-UniCredit