EMIR Third Country Equivalence
The official letter to the European Commission advising of the delay in the decision on whether to recognise third country EMIR equivalence is now on the ESMA EMIR website here.
REMIT Enforceability in the UK
The laws giving Ofgem powers to enforce REMIT will come into force on 29th June 2013, as per the timetable. the EU implementing acts are behind schedule though, so proper…
Ofgem REMIT Procedure and Penalty Consultation
Ofgem (UK energy regulator) have started a consultation on the procedures they will use to enforce REMIT and the proposed sanctions regime here.Comments to follow.