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In this act Article 11 of 17

Article 11 — Payment of annual supervisory fees

Financial servicesLevel 2Delegated RegulationEMIRIn forceOfficial source

11(1)

1.The annual supervisory fee referred to in Article 7 for a given year (n) shall be paid in a single instalment, which shall be due by the end of March of the year to which it relates.

ESMA shall not reimburse the annual supervisory fee.

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11(2)

2.ESMA shall send the invoice specifying the amount of the annual supervisory fee to the trade repositories at least 30 calendar days before the payment date.

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