European Commission calls for MiFID II delay
The European Commission have today called for a one year delay to the implementation of MiFID II, from January 2017 to January 2018. A statement by Commission officials has been reported…
The European Commission have today called for a one year delay to the implementation of MiFID II, from January 2017 to January 2018. A statement by Commission officials has been reported…
With the MiFID II/MiFIR deadline now less than 14 months away, there is a great deal of work to do. This applies to all in the commodities industry, in particular those…
Europex held their general assembly last week, and have issued this statement making note of the most important points discussed. Amongst those points, they raised their concerns about the impact…
BKW have published this interesting article (in German) by Manuel Bertschy detailing their experiences going live under REMIT and the Elcom (Swiss) rules. The article shows the benefit of taking a…
Today sees the start of "Level II" validations under EMIR. This sees a "tightening" of the values that may be sent as part of an EMIR trade report to a…
ACER have published an updated version of their Questions and Answers document on REMIT, the 11th version, which can be found here. The new answers are as follows: Registration/Backloading By…
In the few weeks since reporting started under REMIT, two RRMs have received approval: SEMO - The Single Energy Market Operator running the Irish market. MIBGAS - The Iberian Gas…
The REMIT rules prohibit actual and attempted market manipulation in the gas and power market, as do the MAR rules in other markets. One such manipulation method is "spoofing", where…
It now a week since the FCA MiFID II conference was held in London. The slides from the meeting have not yet been shared, but the key note speech by…
The London Metal Exchange (LME) have recently issued this paper which examines the impact of several regulations on the metals trading market. MiFID/MiFIR The paper first notes that the loss…