Recital 68

(68) It is necessary to provide the Authority with the requisite human and financial resources so that it can fulfil the objectives, tasks and responsibilities assigned to it under this Regulation. To guarantee the proper functioning of the Authority, funding should be provided, depending on the tasks and functions, by a combination of fees levied on certain obliged entities and a contribution from the Union budget. To ensure that the Authority can fulfil its tasks as direct or indirect supervisor of obliged entities, an adequate mechanism for the determination and collection of fees should be introduced. As regards the fees levied on selected obliged entities and certain non-selected obliged entities, the methodology for their calculation and the process of collection of fees should be developed in a delegated act of the Commission. The fees levied on certain obliged entities should be calculated according to the principle of proportionality and taking into account, in particular, whether the obliged entities have qualified for direct supervision, their risk profile and their turnover. The methodology should be calibrated in such a way as to ensure that a lower risk profile results in a smaller fee contribution relative to the size of the entity. The contribution from the Union budget is to be decided by the budgetary authority of the Union through the budgetary procedure. To that end, the Authority should submit to the Commission a statement of estimates. It should also adopt financial rules after consulting the Commission.

← Recital 67 · All articles · Recital 69 →

Source: EUR-Lex CELLAR · retrieved 2026-09-04 · Text as adopted (Official Journal); later amendments are not incorporated in this text.