This Thursday is a big day in Energy Trading Regulation with two big events planned:

1) EMIR TR Approval – 7th November is the day on which TRs need to be approved in order for the 12th February deadline to hold. The ESMA website still has this as the earliest date. If we get to the end of the day and there are no approvals, the deadline would be delayed, and continue to be so for every day of non approval.

2) The REMIT open meeting  –  Thursday is the day of the next REMIT public meeting at ACER. The agenda includes a review of the recently published third edition of the guidance, an update on the market participant registration process and an update on the data collection stream. These meetings usually produce interesting revelations about contents and timing. We will as usual be publishing a report from the meeting shortly afterwards.

By the end of Thursday we will know a lot more about when to expect various aspects of the regulations to kick in.