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More REMIT fines in Romania

  • Post author:Aviv
  • Post published:April 17, 2024
  • Post category:REMIT

ANRE, the National Regulatory Authority of Romania, has fined 3 firms a total of approximately 3.6M Euros for breaches of REMIT Article 5. In each case, the fine is levied…

Continue ReadingMore REMIT fines in Romania

ACER and DG Energy announce public REMIT workshop

  • Post author:Aviv
  • Post published:April 9, 2024
  • Post category:REMIT

ACER and the European Commission DG Energy have announced an online public workshop on 11th June to cover different aspects of REMIT II, which is expected to be published soon…

Continue ReadingACER and DG Energy announce public REMIT workshop

REMIT II moves a step closer with Council adoption

  • Post author:Aviv
  • Post published:March 19, 2024
  • Post category:REMIT

REMIT II (see here) has moved a step closer to having its timelines set with adoption of the text by the European Council. It has already been approved by the…

Continue ReadingREMIT II moves a step closer with Council adoption

ACER releases new TRUM and associated REMIT reporting documents

  • Post author:Aviv
  • Post published:March 14, 2024
  • Post category:REMIT/Uncategorized

ACER has released the latest version of the REMIT Trade Reporting User Manual (TRUM), together with an updated version of the REMIT Transaction Reporting FAQ. All documents can be accessed…

Continue ReadingACER releases new TRUM and associated REMIT reporting documents

Swiss firm given REMIT fine in Italy for lack of registration and reporting

  • Post author:Aviv
  • Post published:March 11, 2024
  • Post category:REMIT

A market participant based in Switzerland has been fined a total 25,000 Euros by ARERA (Italian NRA) for a breach of REMIT Article 9, the requirement for market participants to…

Continue ReadingSwiss firm given REMIT fine in Italy for lack of registration and reporting

UK updates – EMIR REFIT consultation and TCLC fine

  • Post author:Aviv
  • Post published:March 5, 2024
  • Post category:Brexit/EMIR/MAR

The Financial Conduct Authority (the NCA in the UK) has opened a consultation on the UK version of EMIR REFIT in the form of proposed Questions and Answers. These can…

Continue ReadingUK updates – EMIR REFIT consultation and TCLC fine

REMIT II adopted by Parliament – MAR fine – more

  • Post author:Aviv
  • Post published:March 4, 2024
  • Post category:MAR/REMIT

The European Parliament has adopted the latest version of REMIT II, which will see some significant changes (see here). The announcement can be found here and the adopted text here.…

Continue ReadingREMIT II adopted by Parliament – MAR fine – more

REMIT fine of 940,000 EUR imposed in Italy

  • Post author:Aviv
  • Post published:February 23, 2024
  • Post category:REMIT

ARERA, the National Regulatory Authority of Italy, has imposed a fine of 940,000 Euros on a market participant in Italy for a breach of REMIT Article 5, the market manipulation…

Continue ReadingREMIT fine of 940,000 EUR imposed in Italy

REMIT fine of 500,000 EUR announced in France

  • Post author:Aviv
  • Post published:February 15, 2024
  • Post category:REMIT

The Commission de régulation de l'énergie (CRE), the National Regulatory Authority in France, has announced a fine of 500,000 Euros for breaches of REMIT Articles 3 and 4, the insider trading…

Continue ReadingREMIT fine of 500,000 EUR announced in France

Large REMIT fines announced in Romania – ACER publishes quarterly

  • Post author:Aviv
  • Post published:February 9, 2024
  • Post category:REMIT

Following reports published in the Romanian press earlier this week (see here), ANRE, the Romanian National Regulatory Authority has announced fines on 4 firms for wash trades. The fines total…

Continue ReadingLarge REMIT fines announced in Romania – ACER publishes quarterly
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