Regulatory Alerts2025-04-16
Added · Updated
Commission Delegated Regulation (EU) 2025/755 on fees for ESMA external reviewers of European Green Bonds
The European Commission establishes specific fees for external reviewers of European Green Bonds, setting registration fees at EUR 40,000 for Union-based reviewers and EUR 10,000 for third-country reviewers under equivalence, with recognition and endorsement fees at EUR 40,000 and EUR 20,000 respectively. Annual supervisory fees are calculated based on turnover, capped at 3% of applicable turnover, with a minimum fee of EUR 30,000 and an exemption for entities with group-level annual turnover below EUR 5,000,000 for three years following registration. External reviewers must submit audited accounts by 30 September annually, and all fees are payable in euro within 30 days of invoicing for initial applications or within the first three months of each calendar year for supervisory fees.