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MAR consultation

  • Post author:Aviv
  • Post published:October 4, 2019
  • Post category:Uncategorized

ESMA yesterday opened a consultation as part of the "MAR Review"which can be found here. It includes several proposed changes that cover the entirety of MAR. It also contains a…

Continue ReadingMAR consultation

Updated EMIR Q+A

  • Post author:Aviv
  • Post published:October 3, 2019
  • Post category:Uncategorized

Yesterday ESMA issued an updated version of the EMIR Questions and Answers document, which can be found here. There are several updates, some of which relate to the consequences of…

Continue ReadingUpdated EMIR Q+A

Brexit update: Recent developments

  • Post author:Aviv
  • Post published:September 18, 2019
  • Post category:Brexit

While the mainstream news is primarily focused on the political side of Brexit (for example, see here on the BBC New web site), there have been a few developments that…

Continue ReadingBrexit update: Recent developments

2nd and 3rd Open Anti-Abuse meetings for energy and commodities announced

  • Post author:Aviv
  • Post published:September 16, 2019
  • Post category:REMIT

Following the first Open Anti-Abuse meetings run in March 2019 (see here), the 2nd and 3rd events have been announced for November 2019 in Amsterdam and March 2020 in London.…

Continue Reading2nd and 3rd Open Anti-Abuse meetings for energy and commodities announced

Conclusions from ACER’s “EMIT” forum and a WhatsApp deletion issue

  • Post author:Aviv
  • Post published:September 10, 2019
  • Post category:MAR/REMIT

ACER's "EMIT" forum, held last week in Ljubljana, covered a spectrum of matters related to REMIT's implementation. The topics included: Inside information (including the currently open consultation which can be…

Continue ReadingConclusions from ACER’s “EMIT” forum and a WhatsApp deletion issue

£2.1m fine in GB under REMIT for spoofing

  • Post author:Aviv
  • Post published:September 5, 2019
  • Post category:REMIT

Ofgem, the National Regulatory Authority for Great Britain, announced today the Engie Global Markets(EGM) has been fined £2.1 million. The press release can be found here, and a fuller announcement…

Continue Reading£2.1m fine in GB under REMIT for spoofing

More developments on wheat futures manipulation case, and more cases

  • Post author:Aviv
  • Post published:September 3, 2019
  • Post category:Dodd Frank/REMIT

There have been further developments in the case regarding market manipulation in wheat futures in the US (see here). This article on the CNBC web site reports that one of…

Continue ReadingMore developments on wheat futures manipulation case, and more cases

US cases – Further development in recent case, and another spoofing case

  • Post author:Aviv
  • Post published:August 22, 2019
  • Post category:Dodd Frank/REMIT

Following the announcement of a $16m settlement for market manipulation in wheat futures in the US earlier this week (see here), the CFTC has withdrawn the press release. This article…

Continue ReadingUS cases – Further development in recent case, and another spoofing case

$16m fine in the US, other US fines, and a fine alternative in Northern Ireland

  • Post author:Aviv
  • Post published:August 19, 2019
  • Post category:REMIT

Kraft Heinz Co and Mondelez International Inc have been fined $16 million in the US by the CFTC for market manipulation. The press release can be found here and the…

Continue Reading$16m fine in the US, other US fines, and a fine alternative in Northern Ireland

Inside information – FCA Market Watch

  • Post author:Aviv
  • Post published:August 5, 2019
  • Post category:REMIT

The UK's Financial Conduct Authority (FCA) has issued their latest "Market Watch" newsletter (number 60). It can be found here. The focus is on the control of access to inside…

Continue ReadingInside information – FCA Market Watch
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