On 12 December 2019, Finanstilsynet (the Danish FSA) revised and published its index for 2019 regulatory fees. Regulatory fees in Denmark are set at the 2016 level and adjusted with an index which is revised annually. The 2019 fees have an index of 133.94 - an increase of roughly 16 percent since 2018.
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. Consequently, foreign UCITS are expected to pay an annual fee of DKK 23,439.50 plus DKK 7,366.70 for each marketing notification.
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 (DKK 5,893.36 in both instances, after applying the index).
The Danish FSA normally issues its invoices in early December.
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