Proposed Licensing Fees 2026

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NON – BANK FINANCIAL INSTITUTIONS REGULATORY AUTHORITY ACT (SUPERVISORY LEVIES AND LICENSING FEES PROPOSAL 2026/2027) LICENSING FEES Non – Bank Financial Institution (NBFI) Narration Fee Amount (Pula)

1. Asset Managers Application for license fee
   Renewal of license fee
   Annual Sustaining fee
   12,600
   7,560
   6,300
2. Custodians and Trustees Application for license fee
   Renewal of license fee
   Annual Sustaining fee
   12,600
   7,560
   6,300
3. Central Securities Depositories Application for license fee
   Renewal of license fee
   Annual Sustaining fee
   100,800
   60,480
   50,400
4. Securities Exchanges Application for license fee
   Renewal of license fee
   Annual Sustaining fee
   105,000
   63,000
   52,500
5. International Financial Services Centre
   registered companies
   Application for license fee 12,600
6. Insurance Brokers Application for license fee
   Renewal of license fee
   5,775
   3,465
7. Insurance Companies Application for license fee
   Renewal of license fee
   26,250
   15,750
8. Corporate Insurance Agents Application for license fee
   Renewal of license fee
   1,260
   788
9. Management companies of
   Collective Investments Undertakings Application for license fee License fee for each additional fund 12,600 2,310 10.Micro Lenders Application for license fee License fee for each additional branch 6,300 1,260

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Non – Bank Financial Institution (NBFI) Narration Fee Amount (Pula) 11.Retirement Funds Application for license fee 263 12.Securities Brokers / Dealers Application for license fee Renewal of license fee Annual Sustaining fee 52,500 31,500 26,250 13.Transfer Agents / Transfer Secretaries Application for license fee Renewal of license fee Annual Sustaining fee 10,500 6,300 5,250 14.Central Counter Party Application for license fee Renewal of license fee Annual Sustaining fee 105,000 63,000 52,500 15.Participant / Market Maker Application for license fee Renewal of license fee Annual Sustaining fee 10,500 6,300 5,250 16.Retirement Fund Administrator Application for license fee Renewal of license fee 10,500 6,300 17.Medical Aids Fund Application for license fee 10,500 18.Pawnshop Application for license fee License fee for each additional branch 6,300 1,260 19.Finance & Leasing Company

Application for license fee License fee for each additional branch 6,300 1,260 20.Clearance and Settlement System other than Central Securities Depositories Application for license fee Renewal of license fee Annual Sustaining fee 100,800 60,480 50,400 21.Key Person Application for license fee 263 22.Controller Application for license fee 263 23.Virtual Assets Service Providers Application for license fee 5,000 24.Investment Advisors/Asset Consultant Application for license fee 8,400

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Non – Bank Financial Institution (NBFI) Narration Fee Amount (Pula) Renewal of license fee Annual Sustaining fee 5,040 6,300