icon-grid
Better Regulation logo
Table of Contents

Table of Contents

Expand all headings Collapse all headings Expand side bar Collapse side bar
Regulation 2015/2365/EU - Securities Financing Transactions Regulation (SFTR)RecitalsChapter I Subject Matter, Scope and Definitions (arts. 1-3)Article 1 Subject matterArticle 2 ScopeArticle 3 DefinitionsChapter II Transparency of SFTs (art. 4)Article 4 Reporting obligation and safeguarding in respect of SFTsChapter III Registration and supervision of a trade repository (arts. 5-12)Article 5 Registration of a trade repositoryArticle 6 Notification of and consultation with competent authorities prior to registration or extension of registrationArticle 7 Examination of the applicationArticle 8 Notification of ESMA decisions relating to registration or extension of registrationArticle 9 Powers of ESMAArticle 10 Withdrawal of registrationArticle 11 Supervisory feesArticle 12 Transparency and availability of data held in a trade repositoryChapter IV Transparency towards investors (arts. 13-14)Article 13 Transparency of collective investment undertakings in periodical reportsArticle 14 Transparency of collective investment undertakings in pre-contractual documentsChapter V Transparency of reuse (art. 15)Article 15 Reuse of financial instruments received under a collateral arrangementChapter VI Supervision and competent authorities (arts. 16-18)Article 16 Designation and powers of competent authoritiesArticle 17 Cooperation between competent authoritiesArticle 18 Professional secrecyChapter VII Relationship with third countries (19-21)Article 19 Equivalence and recognition of trade repositoriesArticle 20 Indirect access to data between authoritiesArticle 21 Equivalence of reportingChapter VIII Administrative sanctions and other administrative measures (arts. 22-28)Article 22 Administrative sanctions and other administrative measuresArticle 23 Determination of administrative sanctions and other administrative measuresArticle 24 Reporting of infringementsArticle 25 Exchange of information with ESMAArticle 26 Publication of decisionsArticle 27 Right of appealArticle 28 Sanctions and other measures for the purpose of Articles 13 and 14Chapter IX Review (art. 29)Article 29 Reports and reviewChapter X Final provisions (arts. 30-33)Article 30 Exercise of delegated powersArticle 31 Committee procedureArticle 32 Amendments to Regulation (EU) No 648/2012Article 32a Accessibility of information on the European single access pointArticle 33 Entry into force and applicationAnnexDone at
Page Overview
Related
Document Overview
Tools
Set a date to view the document
Text comparison options
Full text - Date 1 vs Date 2 
Amendments requiring commencement - Current text vs Text requiring commencement
Draft proposed changes - Current text vs Text proposed by drafting documents
Recently generated comparisons
None generated
Print / Export options
Current page
Whole document
Selected pages
Consolidated PDF of the entire document as of 18th April 2026
Export
Export line by line
Export provision to provision
Report template
Create report template
Alert me to changes
Manage alerts
Bookmarks
This page
This document
Manage bookmarks
Search within this document
View previous searches
Share
Get page link
Share via email application

AI Summary of Article 11 Supervisory fees

ESMA shall charge trade repositories fees in accordance with this Regulation and the delegated acts adopted under paragraph 2. Fees must be proportionate to the turnover of the trade repository and fully cover ESMA's necessary expenditure relating to the registration, recognition and supervision of trade repositories, and the reimbursement of any costs that competent authorities may incur as a result of delegation of tasks pursuant to Article 9(1). Where Article 9(1) of this Regulation refers to Article 74 of Regulation (EU) No 648/2012, references to Article 72(3) of that Regulation shall be construed as references to paragraph 2 of this Article.

If a trade repository is already registered under Title VI, Chapter 1 of Regulation (EU) No 648/2012, fees shall be adjusted only to reflect additional necessary expenditure and costs relating to registration, recognition and supervision pursuant to this Regulation. The Commission is empowered to adopt a delegated act in accordance with Article 30 to specify the type of fees, the matters for which fees are due, the amount of the fees and the manner in which they are to be paid.

PreviousNext
Version status: Applicable, Entered into force | Document consolidation status: Updated to reflect all known changes
Version date: 12 January 2016 - onwards
Version 2 of 2

Article 11 Supervisory fees

DRAFT Sub paragraph replaced Article 5 Amendments to Regulation (EU) 2015/2365 of the Proposal for a Regulation of the European parliament and of the Council amending Regulations (EU) No 1095/2010, No 648/2012, No 600/2014, No 909/2014, 2015/2365, 2019/1156, 2021/23, 2022/858, 2023/1114, No 1060/2009, 2016/1011, 2017/2402, 2023/2631 and 2024/3005 as regards the further development of capital market integration and supervision within the Union (COM(2025) 943 final / 2025/0383 (COD))
View:
Current text Draft text as it may be read Compare current vs draft text Whole document current text vs draft text

1. ESMA shall charge the trade repositories fees in accordance with this Regulation and in accordance with the delegated acts adopted pursuant to paragraph 2 of this Article. Those fees shall be proportionate to the turnover of the trade repository concerned and fully cover ESMA's necessary expenditure relating to the registration, recognition and supervision of trade repositories as well as the reimbursement of any costs that the competent authorities may incur as a result of any delegation of tasks pursuant to Article 9(1) of this Regulation. In so far as Article 9(1) of this Regulation refers to Article 74 of Regulation (EU) No 648/2012, references to Article 72(3) of that Regulation shall be construed as references to paragraph 2 of this Article.

Where a trade repository has already been registered under Title VI, Chapter 1, of Regulation (EU) No 648/2012, the fees referred to in the first subparagraph of this paragraph shall only be adjusted to reflect additional necessary expenditure and costs relating to the registration, recognition and supervision of trade repositories pursuant to this Regulation.

2. The Commission shall be empowered to adopt a delegated act in accordance with Article 30 to specify further the type of fees, the matters for which fees are due, the amount of the fees and the manner in which they are to be paid.

PreviousNext