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Version status: Inserted | Document consolidation status: Updated to reflect all known changes
Version date: 26 May 2021 - onwards

Article 15a Annual supervisory fee for 2021 for trade repositories registered as of 31 December 2020

1. Trade repositories already registered with ESMA as of 31 December 2020 shall be charged an annual supervisory fee for 2021 calculated in accordance with Article 7. However, for the purposes of Article 7(2)(c), the applicable turnover of trade repositories shall be calculated in accordance with paragraph 2.

2. For the purposes of paragraph 1, the applicable turnover of a trade repository shall be the sum of one third of each of the following:

(a) the revenues generated from the core functions of centrally collecting and maintaining records of derivatives of the trade repository during the period from 1 January 2021 to 30 June 2021, divided by the total revenues generated from the core functions of centrally collecting and maintaining records of derivatives of all registered trade repositories during the period from 1 January 2021 to 30 June 2021;

(b) the number of trades reported to the trade repository during the period from 1 January 2021 to 30 June 2021, divided by the total number of trades reported to all registered trade repositories during the period from 1 January 2021 to 30 June 2021;