This page contains information on the fees and charges levied by ASF for carrying out its duties in relation to the cross-border activities of AIFMs, EuSEF managers, EuVECA managers and UCITS management companies referred to in Article 10(1) of Regulation (EU) 2019/1156 of the European Parliament and of the Council of 20 June 2019 on facilitating cross-border distribution of collective investment undertakings.
According to art. 28 of RO ASF's Regulation no.16/2014 with regard to ASF’s revenues, asset managers (ManCo/AIFM) established in other Member States should annually pay to ASF a supervision/ monitoring fee, as stipulated in Annex. 3 points 4.2 and 4.3., namely 4,500 RON, calculated for the number of funds/investment compartments (sub-funds) notified for distribution in Romania existing on 31 December of the year for which the payment is made.
The fee is not levied for EuVECA and EuSEF funds, as is mentioned at point 4.3.
The fee should be paid by all ManCos/AIFMs which submit – through its home competent authority – to ASF a notification regarding the marketing activity intention, in the first 15 days of January, for the marketing activity performed in the previous year.
No fees and charges are levied by ASF in relation to registration fees, notification of documents and for any subsequent update of prior notification, passporting fees or management fees.
Monitoring/ supervision fee
Legal basis and hyperlink to the full version of the relevant legal text: ASF Regulation no.16/2014 with regard to ASF’s revenues
The full text of Regulation no.16/2014 consolidated at december 2021 in available HERE - only in Romanian. Translation will be available as soon as possible
Entity liable for paying the fee or charge: asset managers (ManCo/AIFM) established in other Member States which submit – through its home competent authority – to ASF a notification regarding the marketing activity intention
Activity giving rise to the fee or charge: distribution in Romania of units/ shares of UCITS/ AIFs
Description of the fee or charge structure, including, inter alia, the following information: 4.500 RON/ year – fixed amount to be paid in the first 15 days of January, for the marketing activity performed in the previous year.
Disclaimer: The fees or charges listed above are those that are levied by ASF. However, marketing UCITS or AIFs in Romania may incur other costs relating to administrative obligations, third-party advice or commercial development. ASF is not responsible for maintaining external websites and is not liable for any error or omission on any external website to which hyperlinks are provided on this webpage
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