2021 – Another year of regulation begins
As in previous years, as 2021 opens, this first post will consider what could keep us busy in the regulatory world of energy and commodity trading, focused on Europe. More of…
ESMA issues report on new EMIR reporting standards, and an updated Q+A
ESMA has issued this report on the new reporting standards to be used for EMIR reporting under a new set of Regulatory Technical Standards(RTS). The changes are significant and are…
REMIT announcements: Inside Information, validations and updated Guidance
ACER has issued some updates last week related to the impact of Covid-19, Brexit in the form of an open letter (see here), and also an updated Guidance document (here).…
Brexit – FCA threatens to deviate from MIFID II over Share Trading Obligation
Earlier this week, the UK's Financial Conduct Authority issued this notice which states that UK firms will be permitted to continue trading shares on EU trading venues and systematic internalisers.…
ESMA announcements: EMIR validation rules and Brexit
ESMA has announced that the EMIR validation rule changes originally planned for February will now be applied on 8 March 2021 instead of 1 February. The announcement can be found…
Ofgem publishes open letter on GB REMIT transition end
Ofgem , the National Regulatory Authority for Great Britain, has published this open letter which gives guidance on the arrangements for the end of the transitional period of Brexit, in…
Brexit news: Updated statement from ESMA and CCP recognition
Yesterday ESMA issued this updated statement on the impact of Brexit on MIFID II once the transitional period ends on 31st December 2020. The statement has a focus on commodities…