REMIT fine in Denmark
A market participant has been fined DKK 380,000 (approximately 51,000 EUR) for a breach of REMIT Article 5, the market manipulation prohibition. The notice from Forsyningstilsynet, the Danish National Regulatory…
Commission commodity derivatives consultation – CBAM delays and changes
The European Commission DG FISMA has opened this consultation on various topics around commodity derivatives. These include: Data reporting especially around the split between EMIR and REMIT. The Ancillary Activity…
REMIT fines issued in France
It was announced today that two market participants have been fined 8m EUR and 4m EUR respectively for breaches of REMIT Article 5, the market manipulation prohibition. The press release…
FCA issues commodity derivatives policy – Ofgem chief supports zonal pricing
The UK's Financial Conduct Authority (FCA) has issued this policy document on the future of the commodity derivatives regime in the UK. Several topics are covered including position limits and…
REMIT: ACM reprimand, Quarterly and appeal in Romania
The ACM (the Dutch National Regulatory Authority) has issued this notice which states that a market participant was reprimanded for possible "Marking the Close" in the Day Ahead TTF market,…