Updated EMIR Q+A published
ESMA have updated the Questions and Answers document on EMIR reporting, which can be found here. There is one new answer (TR 43 on page 95), in two parts, which…
ESMA have updated the Questions and Answers document on EMIR reporting, which can be found here. There is one new answer (TR 43 on page 95), in two parts, which…
ESMA have submitted the final version of the Implementing Technical Standard (ITS) that they are required to write by MAR, which governs how NCAs (National Competent Authorities) are to report information…
The market still awaits the final version of Regulatory Technical Standard 20 of MiFID II, which contains the rules around the "Ancillary activity test". This determines whether energy and commodity…
On 1st July EEX and Powernext launched several "Non MTF" trading venues, including German and French power derivatives and several gas products. By trading products on a non-MTF, rather than a…
Last November ESMA issued a draft version of a new standard for EMIR reporting, which can be found here. The new format adds many new fields and changes many others, including…
The UK's FCA (Financial Conduct Authority) last Thursday night issued a new version of the Decision Procedures and Penalties manual (DEPP) and enforcement guide, in preparation for MAR (Market Abuse Regulation), which…
The legalisation delaying MiFID II and MiFIR have now been published in the Official Journal of the EU. The MiFID II document can be found here and the MiFIR document…
This Sunday is the 3rd July, the day on which MAR starts. from that date onward: Manipulation and attempted manipulation of all covered activity is prohibited Insider dealing is prohibited…
The Market Abuse Regulation (MAR) will be in effect from July 3rd 2016, less than a week from today. From that date, the use of inside information, and actual and…
Last night the UK population voted to leave the European Union, by a narrow margin. Such an exit will clearly have regulatory implications for energy and commodity market participants who…