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REMIT

Examining ACER’s 5th REMIT Q+A

ACER have just issued the 5th version of the Questions and Answers document on REMIT, which can be found here.

There is no indication of what has changed since the last version in the document (see analysis of that document here). Closer examination reveals that following has changed this time:

  • Some new answers about the process of becoming an RRM, on page 21 sections III.2.9 to III.2.12.
  • A new question/answer about finding out more information on registration, which simply refers the reader to their own National Regulatory Authority. This is section III.8.3 on page 26.

Therefore unless you are registering as an RRM there is not much new information 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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