European Council agrees one year delay of MiFID II
The European Council have now joined the Parliament in approving the one year delay to MiFID II to 3rd January 2018. They have issued this statement, which also provides for a…
European Parliament approves benchmark regulation
The European Parliament has approved the new benchmark regulation, which aims to better regulate benchmarks used. It contains specific provisions for commodities benchmarks. A full report can be found here…
Changes to REMIT Inside Information reporting as part of the GB Balancing and Settlement Code
Ofgem, the National Regulatory Authority of the Great Britain market, have recently issued this notice informing of the decision on how to achieve compliance with the upcoming changes to the REMIT…
MiFID II Delegated Acts published
The European Commission have published the remaining Delegated Act under MiFID II which can be found here. Articles 5 to 8 from page 32 contain definitions of derivatives under Annex I…
ACER’s public consultation on the CEREMP
ACER have recently closed a consultation on the Centralised European Register of Energy Market Participants (CEREMP), the register in which all market participants must lodge an entry as part of…
ESMA open hearing on MAR
ESMA will run an open hearing on the consultation paper issued several weeks ago on the guidelines on information expected or required to be disclosed on commodity derivatives markets or related spot…
Webinar on MAR
Norton Rose Fulbright will be giving a webinar later today on the applicability of MAR to the commodities market, as part of a series. It is possible to register via…
Benchmark regulation responses published
ESMA have published the responses to the recent discussion paper on the upcoming European benchmark regulations. The responses can be found here. Europex highlighted their response with their own announcement here.…
Latest list of approved RRM by data types published by ACER
ACER have issued this updated version of the list of approved RRM by data type. In addition to adding a few more RRMs, there are now headers better explaining each…
REMIT reporting one week on
It is now one week since "Remit reporting phase 2" started, on 7th April. From that date, any new off venue reportable trade needed to be reported to ACER via…