Regulatory Alerts2024-12-16
Added · Updated
Circular Letter No. CC/2024/00000053
The document establishes the fees and commissions that credit institutions must pay for the management of collateral assets mobilized for Eurosystem credit operations. It specifies a transaction fee of 30 euros per transferred asset and an annual custody and administration fee of 0.0069% calculated monthly on the nominal value of assets held in custody. Institutions are also responsible for Interbolsa/Euronext Securities Porto commissions and associated VAT when mobilizing securities deposited at that central securities depository. Monthly billing is conducted via debited accounts and detailed invoices sent to participating institutions.
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