Agency for the Cooperation of Energy Regulators (Acer)
European energy regulators step up market surveillance
Despite quality concerns, monitoring of Remit trade data is under way, officials say
Acer reappoints Pototschnig for three-year term
Barclays hires senior energy traders; CFTC's Wetjen steps down; Freepoint nabs JPM energy trader; ICBC SB boosts commodities team; ABN Amro reshuffles commodities
Video: Alberto Pototschnig, director of Acer
Acer director talks about progress on Remit and power market coupling
Energy firms concerned by Mifid II ‘ability test’
The definition of a financial instrument under Mifid II and the structure of two key exemptions are worrying energy trading firms such as utilities
Market participants worry for European energy liquidity
Banks, energy firms and regulators expressed concern about the impact of regulation on EU energy market liquidity at Energy Risk Summit Europe on June 24 and 25
Remit breaches already being investigated by Acer
Acer was already investigating breaches of Remit, but needed more resources to carry out its role, said director Alberto Pototschnig, speaking at Energy Risk Summit Europe
Energy firms face Remit "nightmare", conference told
Companies may struggle to monitor trading data being sent to Acer on their behalf, said panellists at Energy Risk Summit Europe
Commodities regulation since the financial crisis
Risk.net presents an interactive timeline looking at major regulatory developments affecting commodity markets since the global financial crisis of 2008
Remit delegated reporting leaves unanswered questions
EU energy traders have until October to begin reporting the details of standard power and natural gas trades to regulators under Remit. But the exact process by which many of these initial contracts will be reported remains blurry
Market manipulation push is widening the compliance gap
European and US energy regulators must decide how aggressive they wish to be when it comes to enforcing fraud-based anti-manipulation rules. Taking things too far could harm market efficiency and stifle the benefits of competition, argue Shaun Ledgerwood…
Energy traders seek deal on Remit delegated reporting
Efet is working to prepare a standard framework for delegated reporting under Remit with energy exchanges and brokers, before an October deadline for reporting kicks in
EU consultation provokes debate on future of energy market
On June 16, the Agency for the Cooperation of Energy Regulators closed a consultation on the future of the EU energy market. The document’s wide-ranging proposals have been met with a mixed reaction from regulators and market participants. Gillian Carr…
Energy firms use high-tech tools to avert manipulation fines
As regulators tighten their scrutiny of commodities trading and impose costly penalties for market manipulation, energy firms are stepping up investment in trade surveillance. But properly implementing trade surveillance systems in commodity markets is…
More work required on Remit reporting, firms say
Back-loading, self-reporting and non-standard trades continue to pose major obstacles to compliance with Remit, say energy trading firms
Firms expect power market coupling to have tangible impact
The process of power market coupling is continuing across Europe, with the largest and most ambitious project to date going live in February. But how do market participants feel about market coupling and how it will affect their businesses? Stella…
Conference highlights questions over Remit implementation
Problems encountered by Emir demonstrate issues that need to be solved before Remit reporting begins, argue attendees at Energy Risk Italia
Renewables need stronger EU co-ordination, says regulator
Senior Italian regulator says transition towards greater use of renewables requires a “co-ordinated European approach”, including harmonised market rules
Day-ahead power market coupling sees caution prevail
‘Bugs’ found in NWE day-ahead coupling tests cause exchanges and grid operators to err on the side of caution
Acer investigated 10 potential breaches of Remit in 2012
Acer probed 10 cases under Remit in 2012, agency says, in report that sheds light on the development of monitoring regime
Remit insider trading rules continue to confuse energy traders
Despite coming into force in December 2011, Remit insider trading rules continue to raise questions among energy traders
Energy Risk Europe: Acer bemoans 'unnecessary' market coupling delays
Acer director expresses frustration at power market coupling delays caused by exchanges and other stakeholders