The Commissione Nazionale per la Società e la Borsa (CONSOB) has published the resolution determining the supervisory contribution amounts for the 2021 financial year.
The regulatory fees which apply to UCITS and AIFs funds that are authorized for distribution in Italy as of 2 January 2021 remain unchanged vis-à-vis 2020 (see our fund alert from last year for the full amounts).
The fees shall be paid upon receipt of CONSOB’s payment notice and no later than 15 April 2021. The CONSOB will send payment notices within 20 days before the deadline to the UCITS or management company’s contact person, who is referred to in the CONSOB fee report submitted in January 2021.
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