REMIT fine of 940,000 EUR imposed in Italy
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…
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…
The Commission de régulation de l'énergie (CRE), the National Regulatory Authority in France, has announced a fine of 500,000 Euros for breaches of REMIT Articles 3 and 4, the insider trading…
Following reports published in the Romanian press earlier this week (see here), ANRE, the Romanian National Regulatory Authority has announced fines on 4 firms for wash trades. The fines total…
Reports have appeared here on the Romania Insider website that large fines have been considered in Romania by ANRE, the NRA, for market manipulation. Shortly after the article was published,…
Last week the CBI (Central Bank of Ireland) fined an investment fund €192,500 for breaches of the EMIR Article 9 reporting rules. This is the first EMIR reporting fine in…
The European Council and the European Parliament yesterday agreed remaining points of "REMIT II" as part of the Trilogue process. The press release from the Council can be found here.…
We have been offline for a few weeks but this blog is now back up and running: This post catches up on some key items around REMIT. Further catch ups…
Last week the European Parliament adopted its position on REMIT II (see here). The documents can be found here and here. The position will go into the "Trilogue" process with…
The CRE (French NRA) has published a decision to levy a fine of 80,000 EUR on a market participant for the late disclosure of Inside Information under REMIT Article 4.…
Ofgem, Great Britain's National Regulatory Authority, has fined a market participant 5.4M GBP for failing to comply with communication retention rules that are found in the UK version of REMIT.…