Costs for non-recurring activities

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 €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: