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Mifid

“Should energy companies be regulated like banks?” – Interesting Article

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 fact that many could be caught under the wider net of MiFID, requiring the acquisition of a MiFID licence.

If that happens, there is a great deal of work and compliance that will be required, on the reporting side as well as the capital side. The industry is beginning to wake up to this now, as can be seen from this article in Farmer’s Weekly.

There is a great deal to take in, learn and prepare for. And if you are under REMIT as well, there is even more.

About avivhandler

Aviv is the Managing Director of ETR Advisory, a niche consultancy focused on the regulation of the commodity, energy and financial markets. He has more than 23 years of experience in the financial, energy and commodity markets, covering regulatory compliance, credit, risk and financial technology. Prior to founding ETR, he was Partner at SunGard Global Services, where he built a Centre of Excellence in European Energy and Commodity Regulation. Before that, he founded Coherence, a consulting firm specializing in credit risk in commodity and energy trading as well as software product management. The credit practice ultimately became part of Sirius Solutions, where he was the Managing Director of Europe. He has also held management roles at KWI and Iris Financial, among other organizations. Mr. Handler holds a degree in computer science from Imperial College, University of London.

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