Last week Montel published this article which reported that the Bundesnetzagentur(German National Regulatory Authority) has opened an investigation into potential REMIT infringements by 11 firms, relating to activity in June…
Following accusations of insider trading by US Senators relating to the Corona virus a few weeks ago (see here), it has been reported that an investigation has opened into trading…
A broker has been fined just over 83,000 GBP (after applying an early settlement discount) by ICE Futures Europe for failure to keep proper records of activity and improper monitoring.…
On Wednesday Ofgem, the National Regulatory Authority of Great Britain, announced that InterGen has been fined 37.2 million GBP for breaches of REMIT Article 5. The announcement can be found…
ACER has this afternoon published the 5th Edition of the REMIT Guidance which can be found here. Many of the changes relate to the definition of "Inside Information", which has…
It comes as no surprise that there have been many announcements relating to the impact of Covid 19 since our last update here. These include: Temporary changes and a "softening"…
ESMA has released this report summarising the responses received from the recent consultation focused on the MiFID II position limits regime (see here). The report also addresses some other topics…