Possible changes in EMIR outlined in Commission report
Last week the European Commission published this report, which provides views of the implementation of EMIR since it came into force in August 2012, and started to apply in the…
Anti abuse rules implemented in Bulgaria
The Market Abuse Regulation (MAR), which impacts the energy and commodity trading sector, started on 3rd July 2016. Since then, it has been necessary for any "PPAET" (Professional Person Arranging…
Rush to get position limits approved in the US
While we await the next version of RTSs 20 (Ancillary Activity) and 21 (Position Limits) in Europe, there is an effort by the CFTC to get the US version of…
Did the requirement to disclose inside information in a new format get delayed?
Last week ACER published this document, the latest edition of the Frequently Asked Questions on Fundamental Data and Inside Information disclosure. There are new answers on reporting of LNG and…
Ofgem investigate possible spoofing in GB market
Ofgem, Great Britain's National Regulatory Authority (NRA), has opened an investigation into possible "spoofing" in the GB power market according to articles on the Bloomberg website (here), and Utility Week…
New version of fundamental data and inside information FAQ
Following the publication of a new questions and answers document, ACER have now issued a new version of the Frequently Asked Questions on fundamental data and inside information, which can…
ESMA propose delay to start of EMIR mandatory clearing
ESMA have issued this press release and this final report, suggesting that the start of the clearing obligation for "smaller" financial counterparties under EMIR be delayed. Instruments requiring mandatory clearing…
Delegated reporting, and EMIR feedback from a regulator
Many market participants use "delegated reporting" to meet their obligations under EMIR and REMIT. This involves another party, such as the counterparty, reporting on their behalf. This blog post by…
Systematic Internaliser rules delayed
The start of the rules around Systematic Internalisers for non-equities under MiFID II has been delayed, following the release of this press release and this updated questions and answers document from…
Articles on reporting
There have been several announcements over the past weeks in the area of reporting regulatory data , with changes under EMIR, details on MiFID II transaction reporting, and REMIT documents.…