The supervisory fee is the amount each supervised bank pays annually to the ECB to finance the ECB's costs related to supervisory tasks and responsibilities.
The ECB is responsible for the effective and consistent functioning of the Single Supervisory Mechanism in its entirety, i.e. of the significant banks that it directly supervises and of the less significant banks that it indirectly supervises. All supervised banks are therefore obliged to pay.
The ECB supervisory fee is linked to a bank’s size and importance, i.e. its supervisory status.
Significant banks are directly supervised by the ECB and thus are required to pay a larger supervisory fee to the ECB.
Less significant banks are directly supervised by their relevant national supervisor and therefore pay a lower supervisory fee to the ECB.
The fee debtor serves as a contact point for the ECB for all communication related to the annual supervisory fee.
All fee-paying institutions that are part of a banking group must nominate a single fee-paying bank that will act as a fee debtor on behalf of the whole group.
Banking groups nominate a fee-paying debtor by sending a signed notification to the ECB by regular post. Such notification is only valid if:
The simplified fee debtor notification form serves as an updated version of the originally provided form in the event that the group structure expands. The form includes any new subsidiary’s written consent to the appointment of the previously nominated fee debtor.
Fee debtors must submit their form by 1 July of each year at the latest in order to be taken into account for the issuance of the fee notice in the October of the respective year.
The fee debtor is:
The Regulation on supervisory fees sets out further details about who is the fee debtor in the case of supervised groups, fee-paying branches and fee-paying credit institutions.