Finland: New schedule of financial processing fees effective 1 January 2021

Finland: New schedule of financial processing fees

The Financial Supervisory Authority of Finland (FIN-FSA) issued a new schedule of processing fees to apply effective beginning 1 January 2021.

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The processing fees for foreign UCITS funds that are specified as “marketing in Finland of shares in a UCITS or collective investment undertaking managed by an EEA management company” are increased to €1,700 plus €200 for each additional (sub-)fund, and the total maximum amount is increased to €3,400.

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 also increased to €1,200.

Read a January 2021 report prepared by the KPMG member firm in Luxembourg

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