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REMIT

Examining the latest REMIT Q+A document from ACER

Last week saw the publication of the latest Questions and Answers document from ACER, which can be found here.

Comparing it to the last version shows the following differences:

Questions and Answers channel: There is a commitment to publish an updated version of the document once a month. There is a new form on which to ask questions which can be submitted to ACER. These will generally be answered in the next version of the Q+A document rather than individually.

Implementing Act: This is the first version of the Q+A to be published after the Implementing Act has gone into force. The timelines are now mentioned, and there are links to the various documents such as the TRUM, MoP and lists of OMPs. A link to the portal is also given. There are various other updates which put references to the entry into force into past tense.

Notifications: All notifications of suspicious activity are to now go through the notification platform, which is linked to in the document.

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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