Administrative Contributions

Individual annual contributions are calculated and raised in Q3/Q4 each year. In order to pre-finance its expenditures for the part of the financial year preceding the point at which the annual individual contributions are raised, the Board raises advance instalments on the individual annual contributions in Q1 (only from the institutions under the SRB’s direct remit).

• Frequently Asked Questions (FAQs)
• Reader guide: Annex A - Overview of annual contributions calculation results

A structured consultation with the institutions takes place as part of the decision-making process before the adoption of both the decision on the advance instalments and the decision on the individual annual contributions.

The consultation on the advance instalments takes place in the second half of January. The consultation on the individual annual contributions takes place between  the end of June and the beginning of July each year. A notification is sent via email to inform institutions of the exact dates of the consultation. Both consultations take place on the ADMC Portal.

Entities and groups have the possibility to provide their views on the preliminary determinations. In particular, the institutions are given the opportunity to provide comments on any aspects of the determination of the contributions that they consider pertinent. For the final decision, the SRB carefully assess any comments received during the consultation period. The SRB considers that the consultation allows to better structure the dialogue with the institutions in scope and facilitate the decision-making process.

The SRB has developed the ADMC Portal to improve the communication with institutions regarding the contributions to the administrative expenditures of the Board.

Institutions are requested to use the ADMC Portal to:

• Verify/update their contact details;
• Provide any comments they may have during the consultation;
• Retrieve all documents related to the administrative contributions;
• Add/delete their users independently in the portal, and
• Report any specific changes to their situation (e.g. change of name, merger/acquisition).

All institutions in scope receive an information letter via email with detailed instructions on how to access the ADMC Portal.