Brexit update – plenty more guidance in the face of uncertainty
The political side of Brexit has seen plenty of news over the last two weeks, and this is set to continue, with another vote in the UK Parliament tomorrow (see…
The political side of Brexit has seen plenty of news over the last two weeks, and this is set to continue, with another vote in the UK Parliament tomorrow (see…
ESMA has published "opinion" documents on six position limits set under MiFID II. The limits themselves have already been announced by the relevant National Competent Authority. Each opinion has confirmed…
A report has been published by Finanstilsynet, the Norwegian National Competent Authority, on the issues that contributed to a large default that took place last September 2018 on the Nordic…
Yesterday the Danish Utility Regulator announced that Neas Energy A/S has accepted a fine of 150,000 DKK (approximately 20,000 euros) and 3,000 DKK (approximately 400 euros) disgorgement for capacity hoarding on…
After a seasonal break, the politics around Brexit have come back to full speed (for example see here on the BBC web site). In the meantime, more developments are becoming…
ACER yesterday published several new and updated documents related to REMIT: ACER has published an evaluation of responses to the consultation run on the revision of electronic formats for transaction…
Last November, the GB Capacity Market was suspended, following a ruling by the European Court of Justice (ECJ) that the design broke the state aid rules of the European Union…
The end of 2018 and first few days of 2019 have seen some anti abuse developments in the US, following the failed case highlighted in this post. The case of…
It is one year today since MiFID II started to apply, on 3rd January 2018. The rule-set affects those in energy and commodities in different degrees, depending on whether any…
As the working year of 2019 opens, it is worth taking a few moments to consider what will keep us busy in the regulatory world of energy and commodity trading…