Updated REMIT guidance and consultation on Inside Information – move to use platforms

ACER released an updated REMIT Guidance document last night, together with some other updated documents. The changes relate to the disclosure of Inside Information under REMIT Article 4, and also the use of the exemption with respect to insider trading. ACER has also opened a consultation on  inside Information. The guidance document (section 7) states that going forward, all Inside Information disclosures under REMIT must be made using Inside Information Platforms (IIP). This change will apply from July 2020. The updated guidance also discusses use of the exemption with respect to insider trading in section 8.2.3.

ACER has opened a consultation on the topic of inside information.

The documents can be found as follows:

  • Updated guidance  – here
  • Updated FAQ on Inside Information disclosure  – here
  • Updated Manual of Procedures – here
  • Consultation document – here

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