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REMIT

New reporting information available in REMIT portal

ACER have recently placed new documents into the REMIT Portal. Most of the documents show examples of how to report different types of trades, and also provide other guidance. There is also a section on how to ask for other examples that are not listed. The portal still contains the original version of the Trade Reporting User Manual (TRUM). It would not be surprising if an update were to be published at some point.

With just over four months to go until the first reporting deadline, it is useful to Market Participants and their suppliers to finally have this information, although there are still some parts missing. With different OMP and RRM offerings being announced it will soon be time for Market Participants to work out how they will comply with the first phase of REMIT using what is a diverse and sometimes confusing infrastructure.

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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