REMIT: ACM reprimand, Quarterly and appeal in Romania
The ACM (the Dutch National Regulatory Authority) has issued this notice which states that a market participant was reprimanded for possible "Marking the Close" in the Day Ahead TTF market,…
The ACM (the Dutch National Regulatory Authority) has issued this notice which states that a market participant was reprimanded for possible "Marking the Close" in the Day Ahead TTF market,…
The end of last week saw some REMIT fine announcements squeezed in before the end of the year: Two fines have been issued to two companies in Spain for "quote…
ACER yesterday issued several updated and new documents related to REMIT: Updated Guidance document which covers many of the topics which arise due to REMIT II (here). Updated version of…
This post highlights a few items from the past weeks so far not covered: ACER released feedback from the consultation run over the summer around the upcoming changes to REMIT…
The Bundesnetzagentur (German National Regulatory Authority) has announced here that they are investigating allegations into possible market manipulation into a price spike that occurred last week, although it is acknowledged…
The last days have seen 2 new REMIT fines issued: A fine of 400,000 DKK (approx 43,000 EUR) in Denmark for insider trading and failing to disclose Inside Information (see…
Two requirements of REMIT II start today: Professional Persons Executing Transactions to submit Suspicious Transaction or Order Reports (STOR). Market Participants based outside the EU must appoint an EU representative.…
ACER has issued the latest version of the REMIT Quarterly, which can be found here. It contains the usual summaries and statistics. This Friday 8th November sees the start of…
Two new requirements will start on the 8th November as part of REMIT II: The requirement that non-EU Market Participants have a representative in the EU. The requirement for Professional…
On 8th November, the next set of obligations that are found in REMIT II(see here) will take effect. These include requirements: For many "PPET"s (Professional Persons Executing Transactions) to submit…