Capacity market suspended in GB
Last Thursday, the European Court of Justice (ECJ) ruled in favour of Tempus Energy, against the European Commission, annulling the Commission’s State aid approval for the UK Capacity Market. As…
Last Thursday, the European Court of Justice (ECJ) ruled in favour of Tempus Energy, against the European Commission, annulling the Commission’s State aid approval for the UK Capacity Market. As…
It has been a busy few days on the Brexit front, with a great deal of activity since our last post here. Withdrawal Agreement The political side of the Brexit…
There have been several developments in the area of blockchain and Distributed Ledger Technology (DLT) use, including regulatory aspects, since our last post on the topic here. For example this…
Last week ESMA issued this statement relating to the upcoming expiry of the temporary carve out provided to certain entities, including those designed as "NFC+" under EMIR, from the clearing…
There have been several anti abuse updates since our last post on the topic here: The UK's Financial Conduct Authority (FCA) has published this new "Market Watch" newsletter, which provides…
In 5 months' time, the UK will no longer be part of the European Union. With no deal agreed at this stage, many are now preparing for a "hard Brexit"…
There has been some activity on the MiFID II side of things since our last post (see here), a small proportion of which relates to energy and commodities: Recently the…
ACER yesterday issued the follow documents and updates: An updated Questions and Answer document on REMIT (here) An updated list of "accepted EICs" for use as the delivery point in…
Activity in the anti abuse sphere continues, in addition to the large REMIT fine levied in France last week (see here). In the UK, the FCA published this Decision Notice,…
There has been a great deal of political activity since our last post on Brexit (see here), with the next important summit taking place tomorrow (see here on the Reuters…