Impact of MiFID II on Emissions Allowances
MiFID II brings in some important changes to the applicability of financial regulation to Emissions Allowances under the ETS. In particular actual allowances are brought into scope with Annex I…
MiFID II brings in some important changes to the applicability of financial regulation to Emissions Allowances under the ETS. In particular actual allowances are brought into scope with Annex I…
ACER have just issued the 5th version of the Questions and Answers document on REMIT, which can be found here. There is no indication of what has changed since the…
See here for an article on the Reuters website on the impact that the upcoming EMIR rule on bank guarantees will have on the Nordic power market. Nasdaq Commodities own…
Trayport have issued this press release, providing the results of a survey that has been conducted amongst their prototype users, regarding plans and priorities for the first phase of REMIT, which goes live on…
ESMA have issued the latest version of their Questions and Answers document on EMIR, which can be found here. They include details of new "level 2 validations" which are to…
Nordpool Spot (NPS)have recently posted their Frequently Asked Questions about their REMIT RRM on their web site, which can be found here. NPS intend to provide a "full" Registered Reporting Mechanism…
The UK's Financial Conduct Authority(FCA) have just announced a fine of 13.2 million UK pounds given to Merrill Lynch International for incorrectly reporting 35,034,810 trades and failing to report another…
BP have now joined the many parties pushing back against by the currently proposed exemption reduction in MiFID II, as outlined in this article on the Reuters web site. The…
EFETNet have announced that they have completed another step in becoming an authorised Registered Reporting Mechanism (RRM) under REMIT, in this press release. An "ACER Code" has been allocated to…
Continuing the recent spate of objections to the currently drafted MiFID II proposals, the CEER (Council of European Energy Regulators) have just issued this statement which outlines their own objections to…