Fees are payable on application for approval as an ESM advisor and for continued inclusion on the register of ESM advisors. The fees for ESM advisors are as follows:
(a) Application fee €5,000
(b) Annual fee €5,000
The above fees are subject to VAT at the current rate.
The application fee is non-refundable and is payable when the application is submitted.
The annual fee for the first year is payable on approval of the application to become an ESM advisor.