REGULATED MARKETS AND CENTRAL SECURITIES DEPOSITORIES (FEES) REGULATIONS *

REGULATED MARKETS AND

CENTRAL SECURITIES DEPOSITORIES (FEES)

SUBSIDIARY LEGISLATION 345.05

REGULATED MARKETS AND CENTRAL

SECURITIES DEPOSITORIES (FEES)

REGULATIONS *

1st January, 2009

LEGAL NOTICE 360 of 2008.

The title of these regulations is the Regulated Markets and

Central Securities Depositories (Fees) Regulations.

In these regulations "the Act" means the Financial Markets

Act and the words and expressions used shall have the same

meaning as is given to them in the Act.

The fees prescribed in respect of the application for and the

retention of an authorisation as a regulated market shall be as

follows

(a) €12,000 upon submission of an application for

authorisation, irrespective of whether the authorisation

is eventually issued or not;

(b) €25,000 as an annual supervisory fee, due on the 1st

January of each year by each regulated market if it is

to remain a regulated market.

The fees prescribed in respect of the application for and the

retention of an authorisation to provide the service of a central

securities depository shall be as follows

(a) €4,000 upon submission of an application for

authorisation irrespective of whether the authorisation

is eventually issued or not;

(b) €10,000 as an annual supervisory fee, due on the 1st

January of each year by each person authorised to

provide the service of a central securities depository, if

it is to continue to provide such service.

The fees payable by a person wishing to apply and retain

authorizations both as a regulated market and to provide the

services of a central securities depository shall be as follows

(a) €12,000 upon submission of an application for both

authorisations,

irrespective

of

whether

the

authorisations are eventually issued or not;

(b) €30,000 as an annual supervisory fee, due on the 1st

January of each year by each person authorised both as

a regulated market and to provide the service of a

central securities depository, if it is to remain a

regulated market and to provide the services of a

*These regulations have been repealed by Legal Notice 367 of 2024.

REGULATED MARKETS AND

CENTRAL SECURITIES DEPOSITORIES (FEES)

central securities depository.

Where the application for authorisation as a regulated

market and the application for authorisation to provide the services

of a central securities depository are submitted by two companies

forming part of the same group and where such authorisations are

held by two such companies, the fees prescribed in regulation 5

shall apply.