Last Friday, ACER issued this report on the application of the REMIT market manipulation prohibition (Article 5) in relation to layering and spoofing. This is the third such "example market…
Yesterday the Bundesnetzagentur, Germany's National Regulatory Authority, announced that Uniper Global Commodities SE has been fined €150,000 for breaches of REMIT relating to market manipulation. In addition, two traders have…
There are just under 3 weeks to go until the open anti abuse forum for energy and commodities takes place in London on the 11th March 2019. This discussion forum…
Earlier this week, Julia Hoggett, Director of Market Oversight at the FCA, made a speech at the AFME Implementation of the Market Abuse Regulation in the UK event. It can be…
ACER issued the latest version of the "REMIT Quarterly" newsletter on Friday, which can be found here. It contains a wide range of content spanning multiple REMIT related topics. In…
Yesterday the Danish Utility Regulator announced that Neas Energy A/S has accepted a fine of 150,000 DKK (approximately 20,000 euros) and 3,000 DKK (approximately 400 euros) disgorgement for capacity hoarding on…
After a seasonal break, the politics around Brexit have come back to full speed (for example see here on the BBC web site). In the meantime, more developments are becoming…
ACER yesterday published several new and updated documents related to REMIT: ACER has published an evaluation of responses to the consultation run on the revision of electronic formats for transaction…
Last November, the GB Capacity Market was suspended, following a ruling by the European Court of Justice (ECJ) that the design broke the state aid rules of the European Union…
The end of 2018 and first few days of 2019 have seen some anti abuse developments in the US, following the failed case highlighted in this post. The case of…