The MAR and MiFID II “underlap”
The Market Abuse Regulation (MAR) comes into effect on 3rd July 2016. It widens the scope of the original Market Abuse Directive (MAD) to include many instruments. This includes all…
Updated ACER files
ACER have recently made updates to several files on the REMIT Portal: UTI Generator - TRUM Annex IV - there has been a change to the Excel file MoP on data…
ACER’s latest press release – a few interesting points
ACER yesterday issued this press release, one month before the date on which off venue reporting under REMIT commences. The release makes some interesting specific points: Market participants are discouraged…
One month to go until REMIT Phase 2 reporting starts
There is now 1 month to go until the start of "Phase 2" reporting under REMIT, which commences on the 7th April. From that date and onwards, all activity conducted…
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…
A regulator reinforces EMIR – and refinements are coming here and in the US
CySEC, the financial regulator in Cyprus, has recently written this letter to local market participants, reminding them of their obligations under EMIR. This includes a reminder of the reporting obligation,…
Pressure to clarify MiFID II continues
See here for an article on the Bloomberg web site about pressure from MEPs Markus Ferber and Roberto Gualtieri on the European Commission to proceed quickly in finalising the MiFID II rules.…
RRM announcements
See here for a press release by TGE announcing the availability of their OTC trade reporting service under REMIT. Nordpool Spot have also announced their's here. The announcements follow the publication…
Paper on trade surveillance
See here for a paper by pwc on trade surveillance in the energy market. While the paper is directed at the US, we can expect an increasing focus on monitoring…