On 30 April 2019, the European Central Bank (ECB) set its supervisory fees at €576 million for 2019. The ECB estimates that €559 million will be spent on the prudential supervision of banks. However, the €576 million also covers a €15.3 million deficit carried forward from 2018 and owing to adjustments to individual fees, amounting to €1.7 million, resulting from changes in banking structures. Banks that are directly supervised by the ECB will pay 91% of the fees and the remaining 9% will be paid by banks that are indirectly supervised by the ECB. Banks will receive their individual fee notices in October 2019.