Ethiopian Capital Market Service Provider Fees
A Capital Market Service Provider
facilitates financial services like brokerage, investment advice, underwriting,
and market-making for securities trading. They connect investors with
investment opportunities, ensure fair transactions, and help manage risk in
capital markets.
According to the Capital Market Proclamation No.1248/2021 of Ethiopian capital Market Authority, “Capital Market Service Provider” means any person engaged in regulated capital market activities and services.
Application Fee
Application fee is a one-time non-refundable
fee paid by an applicant for either a license or registration of securities.
|
No. |
Service License Type |
Application Fee (ETB) |
|
1 |
Securities
Appraisal Firm |
60,000 |
|
2 |
Collective
Investment Scheme Operator |
60,000 |
|
3 |
Credit Rating
Agency |
60,000 |
|
4 |
Crowdfunding
Intermediary |
60,000 |
|
5 |
Securities
Custodian |
60,000 |
|
6 |
Securities
Digital Sub-Broker |
60,000 |
|
7 |
Securities
Portfolio Manager |
60,000 |
|
8 |
Securities
Investment Advisor (Corporate) |
60,000 |
|
9 |
Securities
Investment Advisor (Individual) |
30,000 |
|
10 |
Investment Bank
(Within a Banking Group) |
60,000 |
|
11 |
Investment Bank
(Not Part of a Banking Group) |
60,000 |
|
12 |
Securities Robo
Adviser |
60,000 |
|
13 |
Securities
Broker |
60,000 |
|
14 |
Securities
Dealer |
60,000 |
|
15 |
Securities
Sharia Adviser (Corporate) |
60,000 |
|
16 |
Securities
Sharia Adviser (Individual) |
30,000 |
|
17 |
Appointed
Representative |
5,000 |
Licensing Fee
A one-time fee paid to the
Ethiopian Capital Market Authority by a Capital Market Service Provider, Security
Exchange, Over-the-Counter Market, or a Securities Depository and Clearing
Company upon approval of a license.
|
No. |
Service License Type |
Application Fee (ETB) |
|
1 |
Securities
Appraisal Firm |
60,000 |
|
2 |
Collective
Investment Scheme Operator |
60,000 |
|
3 |
Credit Rating
Agency |
60,000 |
|
4 |
Crowdfunding
Intermediary |
60,000 |
|
5 |
Securities
Custodian |
60,000 |
|
6 |
Securities
Digital Sub-Broker |
60,000 |
|
7 |
Securities
Portfolio Manager |
60,000 |
|
8 |
Securities
Investment Advisor (Corporate) |
60,000 |
|
9 |
Securities
Investment Advisor (Individual) |
30,000 |
|
10 |
Investment Bank
(Within a Banking Group) |
60,000 |
|
11 |
Investment Bank
(Not Part of a Banking Group) |
60,000 |
|
12 |
Securities Robo
Adviser |
60,000 |
|
13 |
Securities
Broker |
60,000 |
|
14 |
Securities
Dealer |
60,000 |
|
15 |
Securities
Sharia Adviser (Corporate) |
60,000 |
|
16 |
Securities
Sharia Adviser (Individual) |
30,000 |
|
17 |
Appointed
Representative |
5,000 |
License Renewal Fee
A recurring annual fee paid to the
Ethiopian Capital Market Authority by a Capital Market Service Provider, Security
Exchange, Over-the-Counter Market, or a Securities Depository and Clearing
Company to renew its license.
|
No. |
Service License Type |
Application Fee (ETB) |
|
1 |
Securities
Appraisal Firm |
60,000 |
|
2 |
Collective
Investment Scheme Operator |
60,000 |
|
3 |
Credit Rating
Agency |
60,000 |
|
4 |
Crowdfunding
Intermediary |
60,000 |
|
5 |
Securities
Custodian |
60,000 |
|
6 |
Securities
Digital Sub-Broker |
60,000 |
|
7 |
Securities
Portfolio Manager |
60,000 |
|
8 |
Securities
Investment Advisor (Corporate) |
60,000 |
|
9 |
Securities
Investment Advisor (Individual) |
30,000 |
|
10 |
Investment Bank
(Within a Banking Group) |
60,000 |
|
11 |
Investment Bank
(Not Part of a Banking Group) |
60,000 |
|
12 |
Securities Robo
Adviser |
60,000 |
|
13 |
Securities
Broker |
60,000 |
|
14 |
Securities
Dealer |
60,000 |
|
15 |
Securities
Sharia Adviser (Corporate) |
60,000 |
|
16 |
Securities
Sharia Adviser (Individual) |
30,000 |
|
17 |
Appointed
Representative |
5,000 |
Share this post:
Share on Facebook Share on Telegram Share on LinkedIn