ESMA yesterday issued a questions and answers document on MiFID data reporting, which can be found here. The requirements apply to investment firms, including those in energy and commodities who…
The European Banking Authority(EBA) have launched a data collection exercise, as part of the CRR (Capital Requirements Regulation) rules, asking for data from companies who trade in commodity derivatives. The…
ESMA have today issued a new Questions and Answers document on the commodity derivatives rules under MiFID II, adopted by the European Commission on 1st December (see here). The Q+A…
Following yesterday's release of new versions of the REMIT Q+A and Transaction Reporting FAQ documents, ACER has also released this letter of "No Action Relief", applying on contracts which are…
ACER have today issued the 20th version of the Questions and Answers document on REMIT, which can be found here, as well as the 6th version of the Transaction reporting FAQ,…
It has now been two weeks since RTS 20 of MiFID II, which specifies the Ancillary Activity test, and the latest version of RTS 21, on Position Limits were…
See here for an article from Shepherd + Wedderburn on the interaction between Demand Side Response(DSR) and REMIT. The article refers to the recent REMIT Q+A which clarifies that a…
Ofgem, Great Britain's National Regulatory Authority (NRA) yesterday issued this open letter to the market on the topic of "scarcity pricing" and conduct. It reminds market participants that generation must…
It is now just over a week since Regulatory Technical Standard 20, which specifies the Ancillary Activity test, was adopted by the European Commission (see here). The adoption came after…
The CFTC in the US have fined Société Générale SA $450,000 for failing to report trades to an SDR (Swaps Data Repository). The notice can be found here. The bank…