REMIT fines issued in Bulgaria
EWRC, the National Regulatory Authority of Bulgaria, has announced that six market participants have been fined a total of 1.258m Levs (641k Euros) for breaches of REMIT Article 5, the…
EWRC, the National Regulatory Authority of Bulgaria, has announced that six market participants have been fined a total of 1.258m Levs (641k Euros) for breaches of REMIT Article 5, the…
ACER has today announced significant updates to the documentation around REMIT reporting including: A new version of the Transaction Reporting User Manual (TRUM version 5.1) - here Updated versions of…
ACER has yesterday released the latest version of the REMIT Quarterly newsletter, which can be found here. The quarterly covers many of the "usual" statistics related to reporting. In addition,…
In what is proving to be a "big news" day, the FCA has announced a fine levied against a broker for various failings, including failing to carry out "effective monitoring"…
This blog has returned after an unexpected break. Last week, two senior traders, formerly of JP Morgan were found guilty of several offences relating to spoofing in precious metals futures…
Earlier this week, BEIS (The UK Government Department of Business, Energy and Industrial Strategy) opened a consultation on the Review of the Electricity Market Arrangement (REMA). The consultation document can…
It has been announced by ANRE, the National Regulatory Authority of Romania, that 24 market participants have been fined a total of 11,191,316. Leu (2,265,517 Euro) for breaches of REMIT…
It has been announced that two firms in Spain have each been fined 6 million Euros for breaches of REMIT Article 5, the prohibition against market manipulation. The announcement from…
ACER has announced today that the Commission de régulation de l’énergie (CRE), the National Regulatory Authority of France, has levied a fine of 80,000 Euros against Engie for a breach…
The Autoriteit Consument & Markt (ACM), the National Regulatory Authority of the Netherlands, has published a notice of a fine of 150,000 EUR levied on a market participant for a…