UK updates – EMIR REFIT consultation and TCLC fine
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…
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…
The start of a new year gives us a chance to consider what lies ahead. 2024 is the 11th year of this blog, and once again a busy year awaits…
It has been agreed that the Market Correction Mechanism(MCM), which limits the price of wholesale gas (see here) together with other emergency measures, will be extended for another year. The announcement…
Yesterday the UK's Financial Conduct Authority (FCA) opened this consultation covering the proposed changes to the commodity derivatives regime in the UK. It focuses on changes to the position limits…
This is the final "catching up" post following our offline period. The previous post on REMIT can be found here and CBAM/EMIR here. In Great Britain a generator was asked…
This post continues the "catch up" series to cover key items that occurred during our "offline" period (see here for the catch up on REMIT). CBAMOctober 1st saw the start…
The UK's HM Treasury has published the legislation which redefines how the Ancillary Activity Exemption under MIFID II will be deployed in future. Following the publication of draft versions earlier…
The Bank of England and the Financial Conduct Authority(FCA) have announced the start of changes to EMIR reporting in the UK, which will apply from 30 September 2024. The announcement…
We have been offline for a couple of weeks and this post aims to catch up on some key news: ACER published the first "reference price", which will be a…
Jeremy Hunt, the UK's Chancellor of the Exchequer, announced a series of changes on Friday to Financial Services legislation as part of the "Edinburgh Reforms". His speech included a commitment…