REMIT fine in Denmark
A market participant has been fined DKK 380,000 (approximately 51,000 EUR) for a breach of REMIT Article 5, the market manipulation prohibition. The notice from Forsyningstilsynet, the Danish National Regulatory…
More REMIT fines
The end of last week saw some REMIT fine announcements squeezed in before the end of the year: Two fines have been issued to two companies in Spain for "quote…
ACER issues updated REMIT Guidance, TRUM and more
ACER yesterday issued several updated and new documents related to REMIT: Updated Guidance document which covers many of the topics which arise due to REMIT II (here). Updated version of…
Catch up – REMIT, EMIR 3.0, REMA and more
This post highlights a few items from the past weeks so far not covered: ACER released feedback from the consultation run over the summer around the upcoming changes to REMIT…
2 REMIT fines issued
The last days have seen 2 new REMIT fines issued: A fine of 400,000 DKK (approx 43,000 EUR) in Denmark for insider trading and failing to disclose Inside Information (see…
Latest REMIT Quarterly issued
ACER has just published the latest REMIT Quarterly newsletter, which can be found here. It summarises many of the news items relating to REMIT that have been relevant over the…
REMIT II moves a step closer with Council adoption
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…
ACER releases new TRUM and associated REMIT reporting documents
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…
Swiss firm given REMIT fine in Italy for lack of registration and reporting
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…
REMIT II adopted by Parliament – MAR fine – more
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.…