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BP Gas Marketing Ltd fined 1M EUR for activity on French gas market

  • Post author:Aviv
  • Post published:January 20, 2020
  • Post category:REMIT

It was announced on Friday by the CRE (Commission de régulation de l'énergie, the French National Regulatory Authority) that BP Gas Marketing Ltd has been fined 1 million Euros for…

Continue ReadingBP Gas Marketing Ltd fined 1M EUR for activity on French gas market

3rd open anti-abuse meeting and more cases worldwide

  • Post author:Aviv
  • Post published:January 20, 2020
  • Post category:Dodd Frank/MAR/REMIT

This year has already seen one REMIT fine (see here) as well as anti-abuse activity in other parts of the world. For example the Dalian Commodity Exchange in China announced…

Continue Reading3rd open anti-abuse meeting and more cases worldwide

Position limit consultation responses published

  • Post author:Aviv
  • Post published:January 15, 2020
  • Post category:Uncategorized

ESMA has published the responses received to the consultation recently run on the MiFID II  position limit regime (see here). The responses can be found here. Some organisations such as…

Continue ReadingPosition limit consultation responses published

REMIT fine announced in Lithuania

  • Post author:Aviv
  • Post published:January 13, 2020
  • Post category:REMIT

The National Energy Regulatory Council of Lithuania (NERC), the National  has just announced that  UAB Geros dujos has been fined EUR 28,583, which corresponds to 7.5% of annual revenue, for…

Continue ReadingREMIT fine announced in Lithuania

ACER to tighten REMIT reporting validation rules

  • Post author:Aviv
  • Post published:January 13, 2020
  • Post category:REMIT

Last week ACER announced here that some of the validation rules relating to reporting will be tightened from 30 June onwards. The change relates to the use of Energy Identifier…

Continue ReadingACER to tighten REMIT reporting validation rules

Final SFTR documents published – commodities information

  • Post author:Aviv
  • Post published:January 10, 2020
  • Post category:SFTR

Earlier this week ESMA published a final series of documents relating to the Securities Financing Transaction Reporting regulation (SFTR). The scope of SFTR includes “commodities lending”, which could be taken…

Continue ReadingFinal SFTR documents published – commodities information

MiFID II is two years old

  • Post author:Aviv
  • Post published:January 3, 2020
  • Post category:Uncategorized

It is now exactly two year since "the day of the MiFID" arrived on 3rd January 2018 and MiFID II started to apply (see here). MiFID II brought some significant…

Continue ReadingMiFID II is two years old

Regulation in 2020 – what can we expect?

  • Post author:Aviv
  • Post published:January 2, 2020
  • Post category:Uncategorized

As in previous years, as  2020 opens, we will dedicate this first post to considering what will keep us busy over the coming months in the regulatory world of energy…

Continue ReadingRegulation in 2020 – what can we expect?

CEER defends REMIT carve out – Extension of CCP equivalence

  • Post author:Aviv
  • Post published:December 24, 2019
  • Post category:Brexit/REMIT

Yesterday saw some announcements just before the seasonal break: The Council of European Energy Regulators (CEER)  published its response to the recent consultation on the MiFID II position limits regime…

Continue ReadingCEER defends REMIT carve out – Extension of CCP equivalence

2019 draws to a close

  • Post author:Aviv
  • Post published:December 20, 2019
  • Post category:Uncategorized

For many, this is the final working day of 2019, although some will continue to keep things moving during the holiday period. Our opening post of the year (see here)…

Continue Reading2019 draws to a close
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