Energy Risk will be hosting a webinar entitled “Market Abuse Regulation: Compliance for Energy Firms” on 24th August. Details of the FIS Global sponsored webinar can be found here. The  webinar will feature a brief overview of the MAR rules, as applied to wholesale energy market participants., and then include comments from a variety of speakers, from technology companies, market participants and consultants.

The rules of MAR started to apply  on the 3rd July and outlaw market manipulation and insider dealing, amongst other things. The majority of market participants are also obliged to run “effective monitoring”, spanning processes, technology and training. The requirement, which came at only days before the last REMIT data collection deadline, has spurred many in the market to initiate a considerable improvement in internal monitoring.