Section 3: Operating rules

The amount of the contributions and the rates provided for in 4° of II of Article L. 621-5-3 are set as follows:

1° The contribution payable by the persons mentioned in the first and second paragraphs of a of 4° of II of Article L. 621-5-3 is set at 30,000 euros and 10,000 euros respectively. It is paid by 30 June at the latest and proof of payment is sent to the Autorité des marchés financiers;

2° The contribution payable by the persons mentioned in the first and second paragraphs of b of 4° of II of Article L. 621-5-3 is set at 30,000 euros and 10,000 euros respectively. It is paid by 30 June at the latest and proof of payment is sent to the Autorité des marchés financiers;

3° The contribution payable by the persons mentioned in the first and second paragraphs of c of 4° of II of Article L. 621-5-3 is set at 20,000 euros and 7,500 euros respectively. It is paid by 30 June at the latest and proof of payment is sent to the Autorité des marchés financiers;

4° The rate referred to in d of 4° of II of Article L. 621-5-3 is set at 0.008 5 per thousand.

This rate applies to the net assets of the following portfolios:

a) Directly managed portfolios, whether or not their management is delegated to a third party;

b) Portfolios or collective investments governed by foreign law and investment funds governed by foreign law managed by delegation received from foreign service providers.

Assets under management are reported by 30 April at the latest. The declaration to the Autorité des marchés financiers is accompanied by payment of the contribution;

5° The rate mentioned in the first paragraph of e of 4° of II of Article L. 621-5-3 is set at 0.0094 per thousand, except for money market funds covered by Regulation (EU) 2017/1131 of the European Parliament and of the Council of 14 June 2017, as well as securitisation undertakings mentioned in I of Article L. 214-167, for which the rate is set at 0.008 per thousand.

These rates apply to the net assets of:

a) French and foreign collective investment schemes and foreign investment funds or directly managed portfolios, whether or not their management is delegated to a third party ;

b) Collective investments governed by foreign law and investment funds governed by foreign law or portfolios managed by delegation from foreign service providers.

Assets under management are declared by 30 April at the latest and the declaration to the Autorité des marchés financiers is accompanied by payment of the contribution.

The contribution due by the persons mentioned in the second paragraph of e of 4° of II of Article L. 621-5-3 is set at 1,500 euros; it is paid by 30 April at the latest and proof of payment is sent to the Autorité des marchés financiers;

6° The rate referred to in f of 4° of II of Article L. 621-5-3 is set at 0.0094 per thousand, except for money market funds covered by Regulation (EU) 2017/1131 of the European Parliament and of the Council of 14 June 2017, for which the rate is set at 0.008 per thousand. This rate applies to the net assets of directly managed UCITS governed by French law or FIAs governed by French law, whether or not their management is delegated to a third party. Assets under management are reported by 30 April at the latest. The declaration to the Autorité des marchés financiers is accompanied by payment of the contribution;

7° The contribution due by the persons mentioned in the first and second paragraphs of g of 4° of II of Article L. 621-5-3 is set at 20,000 euros and 7,500 euros respectively. It is paid by 30 April at the latest and proof of payment is sent to the Autorité des marchés financiers;

8° The rate referred to in h of 4° of II of Article L. 621-5-3 is set at 0.3%; operating income is declared and the contribution is paid no later than three months after the close of the previous financial year;

9° The contribution due by the persons mentioned in i of 4° of II of article L. 621-5-3 is set at 450 euros. It is paid on 1 March of subsequent years when the reference index administrator is still registered or approved on 1 January. This contribution is paid no later than thirty days after the benchmark administrator is registered or approved in the first year. Proof of payment is sent to the Autorité des marchés financiers;

10° The contribution due by the persons mentioned in j of 4° of II of Article L. 621-5-3 is set at 450 euros. It is paid on 1 March in subsequent years if the service provider is still authorised on 1 January. This contribution is paid no later than thirty days after the service provider is approved in the first year. Proof of payment is sent to the AMF;

11° The contribution due by the persons mentioned in k of 4° of II of Article L. 621-5-3 is set at 450 euros. It is paid under the conditions set out in Article L. 546-1;

12° The contribution due by the persons mentioned in l of the 4° of II of Article L. 621-5-3 is set at 2,550 euros. It is payable the first year from the date authorisation is granted and paid after receipt of a payment notice. In subsequent years, if the service provider is still approved on 1 January, the contribution is due on the same date and is paid after receipt of a payment notice.

13° The contribution due by the persons mentioned in the first paragraph of m of 4° of II of Article L. 621-5-3 is set at 1,000 euros. The contribution due by the persons mentioned in the second paragraph of m of 4° of II of Article L. 621-5-3 is set at 2,000 euros.