The supervisory fee is the amount each supervised bank pays annually to the ECB to finance the ECB’s costs related to its supervisory tasks and responsibilities.
The ECB is responsible for the effective and consistent functioning of the Single Supervisory Mechanism (SSM) 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 importance and risk profile, i.e. its supervisory status.
Significant banks are directly supervised by the ECB and are therefore 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 smaller 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 the fee debtor on behalf of the whole group.
Banking groups nominate a fee debtor by sending a signed notification to the ECB by post or email. Such notification is only valid if:
Fee debtors are requested to submit their form no later than 30 September of the year concerned in order to ensure a smooth feeing process.
In the event of changes taking place within a banking group, a new fee debtor notification should be submitted to the ECB only if there are changes relating to:
The fee debtor is:
The Regulation on supervisory fees sets out further details on who the fee debtor shall be in the case of supervised groups, fee-paying branches and fee-paying credit institutions.