ACER 2014 REMIT Report Confirms Continued Inquiries into Market Conduct

By Doron Ezickson and Adam Topping

ACER calls for substantial funding increase to enable more aggressive monitoring and enforcement efforts in coordination with national regulators.

On Tuesday 10 June 2014, the Agency for the Cooperation of Energy Regulators (“ACER”) published its annual report (the “REMIT Report”) in connection with the Regulation on Wholesale Energy Markets Integrity and Transparency (“REMIT”).
The REMIT Report confirms that, for the remainder of 2014 and 2015, ACER will be focused on continuing and expanding its monitoring and investigation of market abuse, completing the implementation process for REMIT, launching the framework for trade reporting and increasing transparency in the gas market.  read more

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