Fund Distribution Alert 2023-14
Finland: New schedule of processing fees effective 1 January 2024
Finland: New schedule of processing fees effective 1 January 2024
The Financial Supervisory Authority of Finland (FIN-FSA) has issued a new schedule of processing fees, effective 1 January 2024.
The processing fees for foreign UCITS funds, specified as “marketing in Finland of shares in a UCITS or collective investment undertaking managed by an EEA management company” are increased to EUR 1,820 + 208 per each additional (sub-)fund. The total maximum amount is increased by EUR 140 to EUR 3,640.
Furthermore, the fee for the “marketing of an AIF managed by an entity authorized or registered in the EEA in Finland or another EEA country” is increased by EUR 50 to EUR 1,300.
The full reworked schedule of the processing fees may be accessed 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
Partner
+352 22 51 51 7271
stephanie.zedda@kpmg.lu
Henrik Olsson
Senior Manager
+352 22 51 51 7417
henrik.olsson@kpmg.lu