REMIT fine in France – Webinars on CBAM
The CRE (French NRA) has published a decision to levy a fine of 80,000 EUR on a market participant for the late disclosure of Inside Information under REMIT Article 4.…
GB REMIT fine. Traders sentenced to jail in US
Ofgem, Great Britain's National Regulatory Authority, has fined a market participant 5.4M GBP for failing to comply with communication retention rules that are found in the UK version of REMIT.…
European Commission adopts CBAM
Yesterday the European Commission adopted the Implementing Act of the Carbon Border Adjustment Mechanism (CBAM) (see here). This rule will require that EUA equivalent certificates be attached to imports of…
Fines, forums and more
Several pieces of news have come to light over the past days while we have been offline: ACER released the latest version of the REMIT Quarterly, which can be found…
Spoofing fine levied on UK trader by CFTC
The CFTC yesterday announced that a UK based trader has been fined $150,000 and banned from trading for a year for spoofing WTI futures on NYMEX. The trader carried out…