REMIT Quarterly and slides from forum
ACER has yesterday released the latest version of the REMIT Quarterly newsletter, which can be found here. The quarterly covers many of the "usual" statistics related to reporting. In addition,…
EU proposes new gas interventions – News on EMIR clearing threshold
There has been a great deal of activity in the area of market interventions (see here) . The European Commission DG Energy has proposed this regulation which amongst other things:…
ISDA letter on EMIR review, Finfrag delay and EFET letter on energy market interventions
ISDA has written this open letter to the European Commission, ESMA and others in relation to the different reviews taking place with respect to EMIR. There are 12 recommendations, which…
MAR Effective monitoring fine and REMIT forum registration
In what is proving to be a "big news" day, the FCA has announced a fine levied against a broker for various failings, including failing to carry out "effective monitoring"…
EMIR REFIT date set and energy intervention finalised
The significant changes to EMIR reporting that have been in discussion for quite some time (see here) will apply in the EU from the 29th April 2024, following the publication…
Fines large and not quite as large in the US
The last weeks have seen a set of fines issued in the US: Several banks were fined a total of approximately $1.8bn in total for improper use of messaging apps.…