Acer to issue guidelines to clarify Remit definition problems, says Pototschnig

New non-binding guidelines on the definitions of market manipulation and insider trading under the Regulation on Energy Market Integrity and Transparency (Remit) will be issued soon after the new rules are published in the European Union's (EU) official journal, according to the head of Agency for the Cooperation of Energy Regulators (Acer).
The clarification of Remit's definitions of market manipulation and insider trading will be welcomed by the industry, which has expressed concerns about
More on Regulation
Esma sounds out industry for ways to cut reporting burden
Markets watchdog asks consultative groups for ideas to simplify reporting rules
Why EU banks have snubbed revised green finance metric
Banks steer clear of Banking Book Taxonomy Alignment Ratio in droves
Ruled out: can regulators settle the pre-hedging debate?
Market participants are at odds over the practice and whether regulation or principles can settle the score
First green asset ratios come in low as EU banks protest methodology
ABN Amro only bank to break double digits in a sample of 23 lenders
Commodities surge presents UMR test for Asia’s sell side
Increased interest in commodity exotics comes amid scrutiny of margin calculation models
Some see Esma reining in position limits after review
The scope of position limits could shrink to cover just the major benchmarks, one executive argues
Burden of implementing US sanctions now firmly on energy firms
Energy firms must now screen operations of every vessel they deal with, writes maritime data expert
Shipping and energy firms revisit hedging on IMO 2020
Upcoming shipping rules set to impact fuel prices across the energy complex