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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