Fund Distribution Alert 2021-30
Denmark - Revised index for regulatory fees 2021
Denmark - Revised index for regulatory fees 2021
On 29 November 2021, Finanstilsynet (the Danish FSA) revised and published its index for 2021 regulatory fees. Regulatory fees in Denmark are set at the 2016 level and adjusted with an index which is revised annually. The 2021 fees have an index of 137.38 - an increase of little over 3 percentage points compared to 2020.
As per Danish regulation, foreign UCITS notified in Denmark must pay a basic annual fee of DKK 17,500 in 2016 prices. Additionally, for each notification or application on cross-border marketing, a basic fee of DKK 5,500 in 2016 prices is due.
Similarly, foreign alternative investment fund managers (AIFM) which have notified AIFs for distribution in Denmark must pay a fee of DKK 4,400 per fund and an additional fee of DKK 4,400 per sub-fund in 2016 prices
The Danish FSA normally issues its invoices in early December.
More information is available in English here.
Please feel free to contact us should you require any additional information.
Contacts
Said Fihri
Partner
+352 22 51 51 7892
said.fihri@kpmg.lu
Stephanie Zedda
Director
+352 22 51 51 7271
stephanie.zedda@kpmg.lu
