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Recital 1

Recital 1

(1)With the entry into force of Regulation (EU) 2019/2155 of the European Central Bank (ECB/2019/37) 2 , which amends Regulation (EU) No 1163/2014 of the European Central Bank (ECB/2014/41) 3 , the European Central Bank (ECB) no longer requires advance payment of the annual supervisory fees, beginning with the 2020 fee period. The fees are levied only after the end of the relevant fee period when the actual annual costs have been determined.

  1. 3 Regulation (EU) No 1163/2014 of the European Central Bank of 22 October 2014 on supervisory fees (ECB/2014/41) ( OJ L 311, 31.10.2014, p. 23 ). ↩
  2. 2 Regulation (EU) 2019/2155 of the European Central Bank of 5 December 2019 amending Regulation (EU) No 1163/2014 on supervisory fees (ECB/2019/37) ( OJ L 327, 17.12.2019, p. 70 ). ↩
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