Amendments to FSA fees

UniCredit Bank S.A.
Summary: 
Financial Supervisory Authority (FSA) approved the amendments to the Regulation no. 7/2006 regarding FSA fees
Fri, 22/08/2014

Dear Client,

On 21 August 2014 Financial Supervisory Authority (FSA) published the amendments to the Regulation no. 7/2006 regarding FSA Fees. The main changes to the FSA fees are:

  • 0.06% of the buy value transactions concluded on the regulated markets or alternative trading systems (for equities);
  • 0.04% of the buy value transaction concluded on the regulated markets or alternative trading systems by the market participants who act as market makers (for equities);
  • Fees for transactions with government bonds are waived by FSA;
  • 0.06% of the value of the transactions concluded outside of the regulated markets or alternative trading systems.  By exception on this point, 0.02% will be applicable on the value of the OTC turnaround trades.

These amendments will enter into force starting from 16 September 2014.

Impact on investors: FSA approved the amendments to the Regulation no. 7/2006 regarding FSA fees applicable starting from 16 September 2014.