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REMIT

Updated REMIT transaction reporting FAQ issued by ACER

ACER has issued an updated Frequently Asked Questions document on transaction reporting, which can be found here. The new answers span several topics, mainly looking at how to report very specific scenarios, based on questions received. There are a few questions on backloading and scope of reporting as well.

ACER has also issued the second version of the list of valid Energy Identifier Codes (EIC) that can be reported as the destination of a trade. This is found in the relatively new 6th Annex to the Trade Reporting User Manual (TRUM) and can be found here.

About avivhandler

Aviv is the Managing Director of ETR Advisory, a niche consultancy focused on energy and commodity regulation. He has more than 20 years of experience in energy and commodity trading, credit, risk and financial technology. He has delivered a series of trading, credit and risk solutions to a wide variety of oil majors, power and gas companies and investment banks. Prior to founding ETR, he was Partner at SunGard Global Services, where he built a Centre of Excellence in European Energy Regulation. Before that, he founded Coherence, a consulting firm specializing in credit risk in commodity and energy trading as well as software product management. The credit practice ultimately became part of Sirius Solutions, where he was the Managing Director of Europe. He has also held management roles at KWI and Iris Financial, among other organizations. Mr. Handler holds a degree in computer science from Imperial College, University of London.

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