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In this act Article 1 of 10
Text as of 26 Oct 2026 · Commission Delegated Regulation (EU) 2020/1302, OJ L 305, 21.9.2020 · Same wording as today’s text.Today’s text

Article 1 — Recognition fees

Financial servicesLevel 2Delegated RegulationEMIRIn forceOfficial source

1(1)

1.A CCP established in a third country that applies for recognition in accordance with Article 25 of Regulation (EU) No 648/2012 shall pay a basic recognition fee of EUR 50 000.

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1(2)

2.A CCP established in a third country shall pay an additional recognition fee of EUR 360 000 where ESMA determines that, in accordance with Article 25(2a) of Regulation (EU) No 648/2012, that CCP is systemically important or likely to become systemically important for the financial stability of the Union or of one or more of its Member States (‘Tier 2 CCP’). A Tier 2 CCP shall pay the additional recognition fee in any of the following cases:

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1(2)(a)
(a)the CCP applies for recognition;
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1(2)(b)
(b)the CCP, where already recognised pursuant to Article 25(2) of Regulation (EU) No 648/2012, is determined to be a Tier 2 CCP following the review carried out by ESMA in accordance with Article 25(5) of that Regulation.
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