Brexit update: US/UK agreement, EU recognition and more
The date for Brexit is now just over a month away, on 29th March at 11pm GMT. Politicians however are still deliberating on whether the Withdrawal Agreement will be signed,…
GB Capacity Market update
The story around the GB Capacity Market continues, following its suspension last November (see here) and the start of an appeal (see here). Ofgem, GB's National Regulatory Authority, has rejected…
Another REMIT fine
Yesterday the Bundesnetzagentur, Germany's National Regulatory Authority, announced that Uniper Global Commodities SE has been fined €150,000 for breaches of REMIT relating to market manipulation. In addition, two traders have…
3 weeks to go until the open anti abuse forum
There are just under 3 weeks to go until the open anti abuse forum for energy and commodities takes place in London on the 11th March 2019. This discussion forum…
FCA sees deficiencies in MAR implementation and a fine
Earlier this week, Julia Hoggett, Director of Market Oversight at the FCA, made a speech at the AFME Implementation of the Market Abuse Regulation in the UK event. It can be…
Brexit update – many new documents as the date approaches
While the politics around the Brexit process grow become ever more frantic (for example see here on BBC News), preparations for a possible "no deal Brexit" now need to move…
EMIR updated Q+A, REFIT update and Central Bank of Ireland statement
EMIR Trade Reporting ESMA has issued an updated version of the Questions and Answers document on EMIR trade reporting, which can be found here. It contains several updated answers, some…
New REMIT Quarterly reveals reporting issues, algorithmic trading development and inside information direction
ACER issued the latest version of the "REMIT Quarterly" newsletter on Friday, which can be found here. It contains a wide range of content spanning multiple REMIT related topics. In…
GB Capacity market developments
Following the suspension of Great Britain's Capacity Market following a ruling by the European Court of Justice (see here) and some interim actions by the UK's Business, Energy and Industry…