ACER opens consultation on REMIT reporting
Following last week's adoption of the new REMIT Implementing Regulation and Delegated Regulation (see here) by the European Commission, ACER has today opened a consultation on new Guidelines on transaction…
New version of Nordpool REMIT best practice document
Nordpool has released the third version of their "REMIT Best Practice" document which is the product of several entities. The new version adds more information on algorithmic trading controls (as…
Ofgem note on the use of Inside Information thresholds under REMIT
Ofgem, the National Regulatory Authority of Great Britain, has issued a note on the use of thresholds under REMIT for determining whether a piece of Information is "Inside Information". The…
REMIT II Implementing and Delegated Regulations adopted
We are back after a short break to find that yesterday, the long awaited REMIT II Implementing and Delegated Regulations have been adopted by the European Commission. The first will…
REMIT fine in Lithuania
VERT, the National Regulatory Authority in Lithuania, has fined the TSO Litgrid 21,500 EUR for a breach of REMIT Article 5 (market manipulation prohibition) in 2022. The notice can be…
ACER webinar and more
ACER has announced a webinar on REMIT II reporting on April 23rd. Registration and more information is available here. The webinar refers to an adopted REMIT II Implementing Regulation (see…
2 REMIT fines in Bulgaria
KEVR, the National Regulatory Authority in Bulgaria, has fined two firms just over 50k EUR each for breaches of REMIT Article 5 due to "pre arranged trading". The notice can…
REMIT Quarterly, UK EMIR, ESMA algo trading
ACER has today issued the latest version of the REMIT Quarterly newsletter. It covers items such as the recently issued playbook for ACER investigations (see here) and other catch ups.…
ACER updates LNG market data reporting documentation
ACER has today updated the guidance on the reporting of LNG market data. This is data that relates to LNG transactions and in some cases orders, which must be reported…
Details of new EMIR 3.0 clearing threshold calculation published
ESMA has just published a Final Report and draft Regulatory Technical Standards(RTS) around changes to the clearing threshold that must be calculated by entities under EMIR to determine whether they…