EU energy firms uneasy over inside information proposals

List of information expected or required to be disclosed under the Market Abuse Regulation is 'misleading', say industry groups

Inside information

Energy firms are concerned about the widening scope of European anti-manipulation rules following proposals by the European Securities and Markets Authority (Esma) on the definition of inside information for commodity derivatives trading.

Esma's proposals were published on March 30 in the form of a consultation paper listing examples of instances when inside information would be "expected or required to be disclosed" under the Market Abuse Regulation (MAR), which becomes law on July 3 along with