Back

Costs for non-recurring activities For AIFM / Collective investment schemes

The fees for non-recurring activities are set for a period of five years.

Fees for the period from 2019 to 2024

The following fees apply for the period from 2019 to 2024.

  • Applications for a licence: €200 per hour for the work performed by AFM (up to a maximum of €100,000)
  • Changes to a licence: €10,500
  • Exemptions from a licence requirement: €200 per hour for the work performed (up to a maximum of €100,000)
  • Additional management of a Money Market Fund (MMF) by a CIS and/or UCITS management company: €2,500
  • Change to an MMF licence:€2,500
  • Registration as an exempted management company: €4,400
  • Registration as the management company of a EuVECA or EuSEF: €4,400

Processing of a registration or notification 

  • UCITS €4,400
  • UCITS with a registered office in another Member State €4,400
  • Collective investment scheme or subfund €4,400
  • Collective investment scheme with a registered office in another Member state € 0
  • Collective investment scheme or management company of a collective investment scheme with a registered office in a designated State €4,400
  • MMF (fund or subfund) €2,500
  • EuVECA or EuSEF collective investment scheme €1,000

Additional charges for the assessment of a person in combination with an application for or change to a licence

  • Assessment of a person’s properness €700
  • Assessment of a person’s suitability €2,900

Assessment of a prospectus

For certain types of collective investment schemes (closed-end type, issue size > €1,000,000, offering to > 150 persons, investment per investor < €100,000), the prospectus must be approved by the AFM. This is also subject to a fee, as follows:

Fees for issuing institutions other than small or medium-sized enterprises (SMEs)

 

Equity securities (including units of participation in collective investment schemes)

 

Prospectus

€65,000


Fees for SMEs

 

Equity securities (including units of participation in collective investment schemes)

 

Prospectus

€22,500

The definition of whether an enterprise qualifies as an SME is given in Section 2 of the Financial Supervision (Funding of Non-Recurring Activities) Regulations (Regeling bekostiging financieel toezicht eenmalige handelingen).

Questions?

Please contact our Business Desk if you have any questions.

Share information

Share on: Share this
All topics for AIFM / Collective investment schemes