Fees 

Our activities are funded by levying supervision and processing fees from supervised entities and other fee-paying entities.

Supervision fees paid by listed companies are intended to cover the costs arising from such matters as monitoring compliance with the disclosure obligation and supervising insider issues. The fees also cover the costs incurred in connection with monitoring compliance with the International Financial Reporting Standards (IFRS). The supervision fee charged to a listed company amounts to EUR 15,500, but if there are liquid markets for the company’s shares, the fee will be raised by EUR 16,000.

If the listed company is not domiciled in Finland, its supervision fee is EUR 10,500. A Finnish company whose shares have been admitted, upon application, to public trading within the European Economic Area and, therein in a member state other than Finland, is liable to pay a supervision fee of EUR 12,500.

If the listed company is also a credit institution, investment firm or fund management company, the supervision fee is EUR 10,500. Credit institutions, investment firms and fund management companies also pay a supervision fee which covers the costs arising from prudential supervision and supervision related to the code of conduct.

The Act on the Supervision Fees of the Financial Supervisory Authority contains detailed provisions on fee-paying entities, the fees and their amounts. The supervision fee falls due on the date set by the Financial Supervisory Authority, however no sooner than the last day of June in the calendar year. The supervision fee must be paid in one instalment.

As well as supervision fees, listed companies are required to pay processing fees for such purposes as approval of prospectuses required for securities listing or offering. The relevant measures and the fees payable for them are listed in the schedule of processing fees. The processing fees are governed by the Act on Criteria for Charges Payable to the State, and are levied in arrears.

29 April 2010