REMIT cases, views and forum
The case against a market participant in Spain for market manipulation has moved forward with the prosecutor's office filing a compliant. A report on the filing can be found here…
The case against a market participant in Spain for market manipulation has moved forward with the prosecutor's office filing a compliant. A report on the filing can be found here…
The FCA has announced that the proposed changes to the MIFID II Ancillary Activity Test that were scheduled for next year are suspended. However, removal of the requirement to notify…
A new service called "REMITREP" has been set up to facilitate compliance with the requirement under REMIT II that non-EU entities have a "Representative" in the EU. The new service…
An asset owner in Scotland has agreed to make a payment of 33.14 million GBP to Ofgem, the GB National Regulatory Authority, for an alleged breach of the Transmission Constraint…
ACER has just published the latest REMIT Quarterly newsletter, which can be found here. It summarises many of the news items relating to REMIT that have been relevant over the…
The FCA has finalised the first 5 sets of Questions and Answers relating to EMIR REFIT UK, following a consultation (see here). The final versions can be found here. Questions…
Just over 18 months after finalisation which followed much discussion, the reporting phase of EMIR REFIT starts tomorrow in the EU (see here). Many have been preparing for this cutover…
KEVR, the National Regulatory Authority of Bulgaria, has imposed a fine of 604,064 BGN (just over 300k Euros) on a Market Participant for a breach of Article 3 of REMIT…
Following the publication of REMIT II in the Official Journal earlier today (see here), ACER has published an open letter which covers various aspects of implementation, including practical details such…
REMIT II has today been published in the Official Journal of the European Union and can be found here. This follows adoption by the Council (see here). The regulation is…