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# Article 3 — Annual fees in year of recognition

**Commission Delegated Regulation (EU) 2020/1302 · binding · OJ L 305, 21.9.2020 · dated 14 Jul 2020 [in force]**

*In force · Commission Delegated Regulation (EU) 2020/1302, OJ L 305, 21.9.2020 · Checked against EUR-Lex on 26 Oct 2026 · [Official source](https://eur-lex.europa.eu/eli/reg_del/2020/1302/oj/eng)*

1. <a id="art-3-p-1"></a>For the year in which a third-country CCP is recognised by ESMA in accordance with [Article 25](../../articles/25.md) of Regulation (EU) No 648/2012, the annual fee shall be calculated as follows:

    <a id="art-3-p-1-a"></a>**(a)** where ESMA recognises a CCP as a Tier 1 CCP, the annual fee shall be determined as the proportion of the basic recognition fee laid down in Article 1(1) of this Regulation calculated in accordance with the following ratio:

    ![Formula printed as an image in the official text — Article 3(1)(a)](../../.gitbook/assets/emir-l2-32020R1302-image-1.jpg)

    <a id="art-3-p-1-b"></a>**(b)** where ESMA recognises a CCP as a Tier 2 CCP, the annual fee shall be determined as the proportion of the additional recognition fee laid down in Article 1(2) of this Regulation calculated in accordance with the following ratio:

    ![Formula printed as an image in the official text — Article 3(1)(b)](../../.gitbook/assets/emir-l2-32020R1302-image-1.jpg)

2. <a id="art-3-p-2"></a>Where a CCP has paid an interim annual fee in accordance with Article 9 for the year in which that CCP is recognised as a Tier 1 CCP, the annual fee calculated in accordance with paragraph 1(a) shall not be charged.

3. <a id="art-3-p-3"></a>Where a CCP has paid an interim annual fee in accordance with Article 9 or an annual fee in accordance with Article 2(2) for the year in which that CCP is recognised as a Tier 2 CCP, the amount of that fee shall be deducted from the fee to be paid in accordance with paragraph 1(b).
