What Regulation (EU) No 1227/2011 of the European Parliament and of the Council of 25 October 2011 on wholesale energy market integrity and transparency (REMIT) requires
REMIT establishes rules prohibiting abusive practices on wholesale energy markets. It prohibits insider trading in wholesale energy products by persons possessing inside information (Article 3), requires market participants to publicly disclose inside information in an effective and timely manner (Article 4), and prohibits market manipulation and attempted manipulation (Article 5). The Agency for the Cooperation of Energy Regulators monitors trading to detect abuse (Article 7), collects transaction data (Article 8), and market participants must register with the national regulatory authority (Article 9).
Pillar: Energy & Utilities · Authority: European Parliament and Council of the European Union · Version: 1.0.0 · Last updated:
Primary source: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A32011R1227
SHA-256 integrity: b8134f9561fbc91f2a4fc553713f0cc1ccee16a7e342e74f5ec9a9611c83150c
Primary Citations — 5 traced to source
- Regulation (EU) No 1227/2011, Article 3 - Prohibition of insider trading
- Regulation (EU) No 1227/2011, Article 4 - Obligation to publish inside information
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