Regulation on energy market integrity and transparency
Designed to increase the transparency and stability of the European energy markets while combating insider trading and market manipulation. Part of the regulation went into immediate effect in all member states, with some obligations around registration and transaction reporting only coming into effect once the REMIT Implementing Acts have been passed. It has been tasked with the supervision and regulation of energy markets in accordance with REMIT.
The learning objectives
- To understand the background of why regulation for the European energy markets is being implemented;
- To understand REMIT, the regulation, its objectives and its implications for (staff of) energy companies;
- To understand the necessary behaviours required by companies to become compliant with REMIT provisions;
- To be aware of the key criteria which have to be taken into account in order to identify inside information and/or market manipulation;
- To understand how to apply these criteria in the decision making process;