IOSCO have published their final document on the risk mitigation standards to be applied to non-cleared OTC derivatives, which can be found here. The document addresses the risk mitigation measures, in…
Nordpool Spot have announced that they will provide a full RRM service under REMIT. The announcement can be found here. Under REMIT, Organised Market Places are obliged to "offer a…
Last week the UK government published the conclusions of its consultation (here) on the introduction of criminal sanctions for breaches of REMIT. The draft consultation has now been laid before…
See here for an interesting article on EnergyBiz by Michael Hinton of Allegro. In it he examines the potential impact of MiFID II on the energy and commodities business, highlighting the…
See here for an article on the Reuters website about a speech by Steven Maijoor (Chair of ESMA), where he indicated that regulators are considering delaying the rules on margin for…
We have heard from our sources that Trayport and EFETNet are planning to offer connectivity between their platforms for REMIT, alongside their standalone offerings. At present, Trayport offer their Complete service…
Last week saw the publication of this article in Farmer's Weekly, which warns of the issues which may hit those who trade their products on a forward basis. The concern…
EfetNet have announced that they have applied to be an RRM under REMIT, via their eRR service. The full announcement can be found here. We can expect several more announcements over…
See here for a good summary by Wragge, Lawrence, Graham & Co on the reduced exemptions available in MiFID II for commodities trading, according to the current consultation. Anyone trading any…
Today ACER have taken their REMIT portal live. It can be found here. The portal puts many of the documents related to the reporting of data under REMIT into one…