Pursuant to Article 30 of the SSM Regulation (Regulation (EU) No 1024/2013), the European Central Bank (ECB) levies an annual supervisory fee to cover its expenditure in relation to the tasks conferred on it. The ECB calculates the annual supervisory fees for each supervised institution and group within the single supervisory mechanism (SSM) on an individual basis. The fee calculation is based on total assets and total risk exposures. Regulation (EU) 2019/2155 (ECB/2019/37) and ECB Decision (EU) 2019/2158 (ECB/2019/38) provide the foundation for supervisory fees.

When determining the fee factors, the ECB draws on the relevant total risk exposures and total assets data from the quarterly COREP/FINREP reporting templates. This means that most institutions domiciled in Germany do not need to submit a separate template.

The Bundesbank only needs to collect this data on an ad hoc basis from a small set of institutions. This applies, in particular, to reports from branches that are not subject to FINREP Regulation (EU) 2020/605 (ECB/2020/22) and reports from institutions that wish to exclude information on non-SSM subsidiaries. In such cases, the ECB supervisory fee report is sent, in consultation with the Bundesbank, via NExt.

Detailed information on supervisory fees can be found on the ECB’s website and in the ECB’s FAQs.