Delegated regulation with regard to fees to be charged by ESMA to Trade Repositories
ESMA have adopted this delegated regulation on the fees that ESMA will charge to TRs. it makes interesting reading on how they will cover their costs.
Webinar on EMIR threshold calculation techniques and how to stay below it
Global Energy Advisory and GlobalView are holding a webianr this week entitled:"Understanding European Market Infrastructure Regulation (EMIR) and How to Stay Below Its Threshold"The webinar is this Thursday 17th at…
Yesterday’s REMIT Workshop in Ljubljana – Slides and Open Letters
Another REMIT workshop took place at ACER in Ljubljana yesterday. It was very well attended. The slides are available here as are open letters to join round-tables and the pilot.…
Press Release – ESMA begins detailing central clearing of OTC derivatives | Esma
ESMA have issued a discussion paper on how they intend to implement clearing. Many of those in the energy sector will be trying to avoid much of this by staying…
European Commission and CFTC reach deal on EMIR and DF equivalence.
The European Commission and the CFTC have today reached a deal on EMIR and DF equivalence. See the press release here. Comments to follow.
Article about MiFID II
See this article on RegTechFS about MiFID II. Not completely applicable to energy (unlike, for example, the rules for position reporting and limits), but it is worth noting that the…
Article about CFD Strike prices under EMR
An interesting short article here about the strike prices for the CfD with Feed in Tariffs coming in under EMR.
Clearing Houses giving rise to more systemic risk
An interesting article in the FT here about the increasing concerns about the move to clearing simply moving systemic risk to the Clearing Houses, rather than banks. If you recall…
1st EMIR reporting date now on Jan 1 2014
ESMA updated their website today showing both first EMIR reporting dates as Jan 1st 2014. so, according to the current plan, if registries are accepted by 24th September all could go live at once. The ESMA…
Consultation on EMR Levy Exemptions
DECC have published a consultation on a proposed carve out from levies on power prices, that could be charged by suppliers in the UK to fund low carbon generation.EMR will…