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REMIT fine (Insider trading) in Bulgaria

  • Post author:Aviv
  • Post published:April 25, 2024
  • Post category:REMIT

KEVR, the National Regulatory Authority of Bulgaria, has imposed a fine of 604,064 BGN (just over 300k Euros) on a Market Participant for a breach of Article 3 of REMIT…

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ACER open letter on REMIT II

  • Post author:Aviv
  • Post published:April 17, 2024
  • Post category:REMIT

Following the publication of REMIT II in the Official Journal earlier today (see here), ACER has published an open letter which covers various aspects of implementation, including practical details such…

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REMIT II published in the Official Journal

  • Post author:Aviv
  • Post published:April 17, 2024
  • Post category:REMIT

REMIT II has today been published in the Official Journal of the European Union and can be found here. This follows adoption by the Council (see here). The regulation is…

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More REMIT fines in Romania

  • Post author:Aviv
  • Post published:April 17, 2024
  • Post category:REMIT

ANRE, the National Regulatory Authority of Romania, has fined 3 firms a total of approximately 3.6M Euros for breaches of REMIT Article 5. In each case, the fine is levied…

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ACER and DG Energy announce public REMIT workshop

  • Post author:Aviv
  • Post published:April 9, 2024
  • Post category:REMIT

ACER and the European Commission DG Energy have announced an online public workshop on 11th June to cover different aspects of REMIT II, which is expected to be published soon…

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REMIT II moves a step closer with Council adoption

  • Post author:Aviv
  • Post published:March 19, 2024
  • Post category:REMIT

REMIT II (see here) has moved a step closer to having its timelines set with adoption of the text by the European Council. It has already been approved by the…

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ACER releases new TRUM and associated REMIT reporting documents

  • Post author:Aviv
  • Post published:March 14, 2024
  • Post category:REMIT/Uncategorized

ACER has released the latest version of the REMIT Trade Reporting User Manual (TRUM), together with an updated version of the REMIT Transaction Reporting FAQ. All documents can be accessed…

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Swiss firm given REMIT fine in Italy for lack of registration and reporting

  • Post author:Aviv
  • Post published:March 11, 2024
  • Post category:REMIT

A market participant based in Switzerland has been fined a total 25,000 Euros by ARERA (Italian NRA) for a breach of REMIT Article 9, the requirement for market participants to…

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REMIT II adopted by Parliament – MAR fine – more

  • Post author:Aviv
  • Post published:March 4, 2024
  • Post category:MAR/REMIT

The European Parliament has adopted the latest version of REMIT II, which will see some significant changes (see here). The announcement can be found here and the adopted text here.…

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REMIT fine of 940,000 EUR imposed in Italy

  • Post author:Aviv
  • Post published:February 23, 2024
  • Post category:REMIT

ARERA, the National Regulatory Authority of Italy, has imposed a fine of 940,000 Euros on a market participant in Italy for a breach of REMIT Article 5, the market manipulation…

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