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Administrative Contributions

Although the SRB is an independent EU agency, it is not publicly funded. Instead, banks operating across the Banking Union must pay an annual levy towards the running costs of the SRB.

On 8 January 2018, a regulation on the final system of administrative contributions came into force covering the running costs of the SRB. This regulation replaced the transitional system that had been in place since the Board started its operations in November 2014.

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Under this system, all credit institutions established in the Banking Union must contribute to the administrative expenditures of the SRB. The same holds true for all parent undertakings (including financial holding and mixed financial holding companies), investment firms and financial institutions that are covered by the consolidated supervision of the ECB.

For more detailed information on the administrative contributions process, you can consult the following legal acts:

2021 administrative contributions cycle

  • Around 2.316 institutions have been notified about their 2021 contributions to the administrative expenditures of the SRB.
  • The individual Contribution Notices were issued on 6 May 2021. The deadline for payment is 10 June 2021.

More information:

2020 administrative contributions cycle

  • Around 2.370 institutions have been notified about their 2020 contributions to the administrative expenditures of the SRB.
  • The individual Contribution Notices were issued on 20 February 2020. The deadline for payment is 26 March 2020.

More information:

2019 administrative contributions cycle

  • Around 2.660 institutions have been notified about their 2019 contributions to the administrative expenditures of the SRB.
  • The individual Contribution Notices were issued on 21 February 2019. The deadline for payment was 28 March 2019.

More information:

2018 administrative contributions cycle

  • Around 2.730 institutions were notified about their contributions to the administrative expenditures of the SRB.
  • The individual Contribution Notices were sent to all institutions on 9 March 2018. The deadline for payment was 13 April 2018.
  • The total annual administrative contributions collected in 2018 for the SRB’s administrative expenditures amounts to €91.4mn.

More information:

Documents

PDF | 1.82 MB | Publishing date:
2021-05-11 Reader guide 2021