EU · MiFIR · TITLE VIa ESMA POWERS AND COMPETENCES · CHAPTER 2 Administrative sanctions and other administrative measures
Article 38n MiFIRAuthorisation and supervisory fees
ESMA charges data reporting services providers fees that fully cover its authorisation and supervision costs and reimburse national authorities for delegated work, with individual fees proportionate to turnover; the Commission's delegated act sets the fee details.
Amendments and application dates
| Amending act | Change | Applies from |
|---|---|---|
| Regulation (EU) 2019/2175 | Provision inserted | by 1 Jan 2022 |
Level 2: delegated and implementing acts
- Delegated actIn forceLegal basis
AI summaryAmends Delegated Regulation 2022/930 so that ESMA's supervisory fee regime also covers consolidated tape providers for bonds, shares and ETFs, and OTC derivatives, following the 2024 MiFIR review.
- Delegated actIn forceLegal basis
AI summarySets the fees ESMA charges data reporting services providers it supervises: application and authorisation fees, annual supervisory fees based on turnover, payment terms, reimbursement of national authorities and transitional rules for 2022 and 2023. Extended to consolidated tape providers by Delegated Regulation 2025/884.
Commentary
No law-firm commentary is linked to this provision yet.
219 more documents relate to MiFIR as a whole without naming an article.
UK counterpart
- No UK counterpartExplicit reference
Inserted in the EU by Regulation (EU) 2019/2175 (by 1 Jan 2022), after exit.
Version history
- From 1 Jan 2022
Each entry is a consolidated version of the act on EUR-Lex in which this provision appears. The text itself is on the official site.