Republic of Lithuania Law Amending Annex 1 to the Law on the Bank of Lithuania No I-678


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REPUBLIC OF LITHUANIA LAW
AMENDING ANNEX 1
TO THE LAW ON THE BANK OF LITHUANIA No I-678
 
23 September 2014 No XII-1118 Vilnius
 
 
 
Article 1. Amendment of Annex 1 to the Law
Annex 1 to the Law shall be amended and set forth to read as follows:
"Republic of Lithuania
Law on the Bank of Lithuania
Annex 1
 
 
FINANCIAL MARKET PARTICIPANTS PAYING CONTRIBUTIONS, BASE OF CONTRIBUTIONS, AND MAXIMUM CONTRIBUTIONS
 
Serial No
Market participants
Base of contributions
Maximum contributions
 
1.
Credit institutions; branches of foreign banks which are licensed in the states other than the states of the European Economic Area and established in the Republic of Lithuania
Annual average assets
0.017 per cent
 
2.
Branches of foreign banks which are licensed in the states of the European Economic Area and established in the Republic of Lithuania
Annual average assets
0.0057 per cent
 
3.
Consumer lenders, other than credit institutions and their branches in the Republic of Lithuania
Annual average assets
0.0085 per cent
 
4.
Electronic money institutions; branches of electronic money institutions which are licensed in the states other than the states of the European Economic Area and established in the Republic of Lithuania.
Average outstanding electronic money and annual turnover of electronic services
0.01 per cent
 
5.
Branches of electronic money institutions which are licensed in the states of the European Economic Area and established in the Republic of Lithuania
Average outstanding electronic money and annual turnover of electronic services
0.005 per cent
 
6.
Payment institutions
Annual turnover of payment services
0.01 per cent
 
7.
Branches of payment institutions which are licensed in the states of the European Economic Area and established in the Republic of Lithuania
Annual turnover of payment services
0.005 per cent
 
8.
Insurance and reinsurance companies; branches of insurance and reinsurance companies which are licensed in the states other than the states of the European Economic Area and established in the Republic of Lithuania.
Insurance and reinsurance premiums written in the Republic of Lithuania
0.26 per cent
 
9.
Branches of insurance and reinsurance companies which are licensed in the states of the European Economic Area and established in the Republic of Lithuania
Insurance and reinsurance premiums written in the Republic of Lithuania
0.13 per cent
 
10.
Brokerage firms
Annual income
0.3 per cent
 
11.
Branches of brokerage firms which are licensed in the states other than the states of the European Economic Area and established in the Republic of Lithuania.
Annual income
0.15 per cent
 
12.
Management companies, investment companies with variable capital, closed-end investment companies and branches of these entities established in the Republic of Lithuania
Assets managed by collective investment undertakings and supplementary voluntary pension funds
0.05 per cent
 
13.
Operators of the regulated market

EUR 21 721
 
14.
Central securities depository

EUR 28 962
 
15.
Issuers whose equity securities are admitted to trading on a regulated market in the Republic of Lithuania and/or in other state of the European Economic Area, and which are under supervision of the Bank of Lithuania

EUR 868
 
16.
Issuers whose non-equity securities are admitted to trading on a regulated market in the Republic of Lithuania and/or in other state of the European Economic Area, and which are under supervision of the Bank of Lithuania

EUR 434
 
17.
Insurance broker companies

EUR 434
 
18.
Financial advisor firms

EUR 434
 
19.
Currency exchange offices' operators        

EUR 434 “
 
Article 2. Entry into Force of the Law
This law comes into force on 1 January 2015.
 
I promulgate this Law passed by the Seimas of the Republic of Lithuania.
 
 
PRESIDENT OF THE REPUBLIC                                          DALIA GRYBAUSKAITĖ