Energy firms need to gear up for Remit insider-trading rules, lawyers warn
New insider-trading compliance programmes required by Europe's Regulation on Energy Market Integrity and Transparency (Remit) could prove challenging for companies to implement, according to industry lawyers.
Adding to tensions among electricity and gas traders is the fact that Remit could come into force as early as mid-December – the regulation was adopted by the European Union (EU) earlier this month and the rules can be applied 20 days after they are published in the official journal of the
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
