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REMIT

List of approved RRMs updated

ACER have today updated their list of RRMs approved, which is split per data type and can be found here. The list shows which RRM is approved per schema that can be sent under the second phase of reporting. For example most trades and contracts will be sent using tables 1 or 2. Tables 3 and 4 are to be used for secondary transportation trades. Market participants also need to send data regarding gas balances in store and certain LNG movements.

There is now just over a month to go until reporting starts, and many open issues were only clarified in the public hearing held on February 16th, with many new documents issued on the same day. There are still some unanswered questions, in particular around tables 3 and 4, and fundamental data. Hopefully many of these will be resolved before the go live date.

 

 

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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